Uncertainty and Risk
Mental, Formal, Experimental Representations
Published on 17. July 2007
Book
Hardback
VI, 308 pages
978-3-540-48934-4 (ISBN)
Description
This book tries to sort out the different meanings of uncertainty and to discover their foundations. It shows that uncertainty can be represented using various tools and mental guidelines. Coverage also examines alternative ways to deal with risk and risk attitude concepts. Behavior under uncertainty emerges from this book as something to base more on inquiry and reflection rather than on mere intuition.
More details
Series
Edition
2007 ed.
Language
English
Place of publication
Berlin
Germany
Publishing group
Springer Berlin
Target group
Professional and scholarly
Research
Illustrations
VI, 308 p.
Dimensions
Height: 241 mm
Width: 160 mm
Thickness: 22 mm
Weight
641 gr
ISBN-13
978-3-540-48934-4 (9783540489344)
DOI
10.1007/978-3-540-48935-1
Schweitzer Classification
Other editions
Additional editions
Mohammed Abdellaoui | R. Duncan Luce | Mark J. Machina
Uncertainty and Risk
Mental, Formal, Experimental Representations
Book
11/2010
Springer
€106.99
Shipment within 7-9 days
Mohammed Abdellaoui | R. Duncan Luce | Mark J. Machina
Uncertainty and Risk
Mental, Formal, Experimental Representations
E-Book
08/2007
1st Edition
Springer
€96.29
Available for download
Content
Foundations.- Conjectures, Refutations and Discoveries: Incorporating New Knowledge in Models of Belief and Choice under Uncertainty.- When an Event Makes a Difference.- Countable Additivity and the Foundations of Bayesian Statistics.- On the Quantification and Decomposition of Uncertainty.- The Importance of Representational Tools in Understanding Behaviour Under Uncertainty and Risk.- Preference for Diversification with Similarity Considerations.- Uncertainty Improves the Second-Best.- Lorenz Meets Rating but Misses Valuation.- A Deeper Look at Hyperbolic Discounting.- The Assessment of Several Alternative Decision Rules.- "Take-the-Best" and Other Simple Strategies: Why and When They Work "Well" with Binary Cues.- On Generalized Secretary Problems.- Voting on Alternatives or on Criteria? The Meta-Decision on Group Decision Procedures.- Models of Risk Attitude Modelling and Methodological Issues.- Probabilistic Risk Analysis Versus Decision Analysis: Similarities, Differences and Illustrations.- A Conjoint Measurement Based Rationale for Inducing Preferences.- Active Search for Probability Information and Recall Performance: Is Probability an Outstanding Element in the Mental Representation of Risky Decisions?.- Evolutionary Analysis of Risk Attitudes in Competitive Bidding Environments Using Simulation.- Behavior in Risky Decisions: Focus on Risk Defusing.