The Knowledge Ahead Approach to Risk: Theory and Experimental Evidence: 585 (Lecture Notes in Economics and Mathematical Systems)

by Ulrike Leopold-Wildburger (Author), Johannes Leitner (Author), Robin Pope (Author)

• New

  Illustrated
  2008

  $56.78

  This book is written for those seeking a decision theory appropriate for use in serious choices such as insurance. It employs stages of knowledge ahead to track satisfactions and dissatisfactions. From experimental and questionnaire data, people take into account such stages of knowledge ahead satisfactions and dissatisfactions.