Risk Analysis in Theory and Practice

by Jean-Paul Chavas

Book Overview

The objective of Risk Analysis in Theory and Practice is to present this analytical framework and to illustrate how it can be used in the investigation of economic decisions under risk. In a sense, the economics of risk is a difficult subject: it involves understanding human decisions in the absence of perfect information. How do we make decisions when we do not know some of events affecting us? The complexities of our uncertain world and of how humans...

• Format: Hardcover
• Language: English
• ISBN: 0121706214
• ISBN13: 9780121706210
• Release Date: June 2004
• Publisher: Academic Press
• Length: 247 Pages
• Weight: 1.19 lbs.
• Dimensions: 0.7" x 6.0" x 9.3"