Risk, Ambiguity and Decision

Regular price €179.80
A01=Daniel Ellsberg
Action Iii
ambiguity aversion in economics
Author_Daniel Ellsberg
axioms
Betting Probabilities
Bruno De Finetti
Category=QD
De Finetti
decision theory
Definite Degree
Definite Probability
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
finetti
hurwicz
Hurwicz Criterion
Intuitive Probability
Minimax Criterion
Minimax Regret
morgenstern
neumann
normative analysis
Option Ii
Option Iv
postulate
probability judgment
Rain Tomorrow
Red Yellow Black
savage
Savage Axioms
Savage Postulates
savage's
subjective probability
Sure
uncertainty modeling
Unit Stake
Urn II
utilities
utility axioms
von
Von Neumann Morgenstern Axioms
Von Neumann Morgenstern Utilities
Von Neumann Morgenstern Utility Function
Vulgar Evaluation
Yellow Balls

Product details

  • ISBN 9780815340225
  • Weight: 780g
  • Dimensions: 152 x 229mm
  • Publication Date: 08 Jan 2001
  • Publisher: Taylor & Francis Inc
  • Publication City/Country: US
  • Product Form: Hardback
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Ellsberg elaborates on "Risk, Ambiguity, and the Savage Axioms" and mounts a powerful challenge to the dominant theory of rational decision in this book.

Daniel Ellsberg was a strategic analyst with the RAND Corporation, and a defense department and state department official who served in Vietnam. He later revealed to the U.S. Senate and the press the Pentagon Papers, a 7,000 page top secret study of U.S. decision making in Vietnam from 1945 to 1968. For this he faced a trial and a sentence of 115 years in prison, but all charges were dismissed on grounds of gross governmental misconduct against him, which led to the conviction of a number of White House aids and figured in the impeachment proceedings against President Nixon.