Author: Mark Machina
Publisher: Newnes
ISBN: 0444536868
Category : Business & Economics
Languages : en
Pages : 897
Book Description
The need to understand the theories and applications of economic and finance risk has been clear to everyone since the financial crisis, and this collection of original essays proffers broad, high-level explanations of risk and uncertainty. The economics of risk and uncertainty is unlike most branches of economics in spanning from the individual decision-maker to the market (and indeed, social decisions), and ranging from purely theoretical analysis through individual experimentation, empirical analysis, and applied and policy decisions. It also has close and sometimes conflicting relationships with theoretical and applied statistics, and psychology. The aim of this volume is to provide an overview of diverse aspects of this field, ranging from classical and foundational work through current developments. - Presents coherent summaries of risk and uncertainty that inform major areas in economics and finance - Divides coverage between theoretical, empirical, and experimental findings - Makes the economics of risk and uncertainty accessible to scholars in fields outside economics
Handbook of the Economics of Risk and Uncertainty
Author: Mark Machina
Publisher: Newnes
ISBN: 0444536868
Category : Business & Economics
Languages : en
Pages : 897
Book Description
The need to understand the theories and applications of economic and finance risk has been clear to everyone since the financial crisis, and this collection of original essays proffers broad, high-level explanations of risk and uncertainty. The economics of risk and uncertainty is unlike most branches of economics in spanning from the individual decision-maker to the market (and indeed, social decisions), and ranging from purely theoretical analysis through individual experimentation, empirical analysis, and applied and policy decisions. It also has close and sometimes conflicting relationships with theoretical and applied statistics, and psychology. The aim of this volume is to provide an overview of diverse aspects of this field, ranging from classical and foundational work through current developments. - Presents coherent summaries of risk and uncertainty that inform major areas in economics and finance - Divides coverage between theoretical, empirical, and experimental findings - Makes the economics of risk and uncertainty accessible to scholars in fields outside economics
Publisher: Newnes
ISBN: 0444536868
Category : Business & Economics
Languages : en
Pages : 897
Book Description
The need to understand the theories and applications of economic and finance risk has been clear to everyone since the financial crisis, and this collection of original essays proffers broad, high-level explanations of risk and uncertainty. The economics of risk and uncertainty is unlike most branches of economics in spanning from the individual decision-maker to the market (and indeed, social decisions), and ranging from purely theoretical analysis through individual experimentation, empirical analysis, and applied and policy decisions. It also has close and sometimes conflicting relationships with theoretical and applied statistics, and psychology. The aim of this volume is to provide an overview of diverse aspects of this field, ranging from classical and foundational work through current developments. - Presents coherent summaries of risk and uncertainty that inform major areas in economics and finance - Divides coverage between theoretical, empirical, and experimental findings - Makes the economics of risk and uncertainty accessible to scholars in fields outside economics
Judgment Under Uncertainty
Author: Daniel Kahneman
Publisher: Cambridge University Press
ISBN: 9780521284141
Category : Psychology
Languages : en
Pages : 574
Book Description
Thirty-five chapters describe various judgmental heuristics and the biases they produce, not only in laboratory experiments, but in important social, medical, and political situations as well. Most review multiple studies or entire subareas rather than describing single experimental studies.
Publisher: Cambridge University Press
ISBN: 9780521284141
Category : Psychology
Languages : en
Pages : 574
Book Description
Thirty-five chapters describe various judgmental heuristics and the biases they produce, not only in laboratory experiments, but in important social, medical, and political situations as well. Most review multiple studies or entire subareas rather than describing single experimental studies.
Prospect Theory
Author: Daniel Kahneman
Publisher:
ISBN:
Category : Utility theory
Languages : en
Pages : 27
Book Description
Publisher:
ISBN:
Category : Utility theory
Languages : en
Pages : 27
Book Description
Improving Homeland Security Decisions
Author: Ali E. Abbas
Publisher: Cambridge University Press
ISBN: 1107161886
Category : Computers
Languages : en
Pages : 787
Book Description
Are we safer from terrorism today and is our homeland security money well spent? This book offers answers and more.
Publisher: Cambridge University Press
ISBN: 1107161886
Category : Computers
Languages : en
Pages : 787
Book Description
Are we safer from terrorism today and is our homeland security money well spent? This book offers answers and more.
Degrees of Belief
Author: Steven G. Vick
Publisher: ASCE Publications
ISBN: 0784470863
Category : Technology & Engineering
Languages : en
Pages : 469
Book Description
Observing at a risk analysis conference for civil engineers that participants did not share a common language of probability, Vick, a consultant and geotechnic engineer, set out to not only examine why, but to also bridge the gap. He reexamines three elements at the core of engineering the concepts
Publisher: ASCE Publications
ISBN: 0784470863
Category : Technology & Engineering
Languages : en
Pages : 469
Book Description
Observing at a risk analysis conference for civil engineers that participants did not share a common language of probability, Vick, a consultant and geotechnic engineer, set out to not only examine why, but to also bridge the gap. He reexamines three elements at the core of engineering the concepts
Emotions, Cognition, and Behavior
Author: Carroll E. Izard
Publisher: CUP Archive
ISBN: 9780521312462
Category : Medical
Languages : en
Pages : 636
Book Description
The seventeen contributions to this volume demonstrate the enormous progress that has been achieved recently in our understanding of emotions. Current cognitive formulations and information-processing models are challenged by new theory and by a solid body of empirical research presented by the distinguished authors. Addressing the problem of the relationship between developmental, social and clinical psychology, and psychophysiology, all agree that emotion concepts can be operationally defined and investigated as both independent and dependent variables. Cognitive and affective processes can no longer be studied in isolation; taken together, the chapters provide a useful map of an increasingly important and active boundary.
Publisher: CUP Archive
ISBN: 9780521312462
Category : Medical
Languages : en
Pages : 636
Book Description
The seventeen contributions to this volume demonstrate the enormous progress that has been achieved recently in our understanding of emotions. Current cognitive formulations and information-processing models are challenged by new theory and by a solid body of empirical research presented by the distinguished authors. Addressing the problem of the relationship between developmental, social and clinical psychology, and psychophysiology, all agree that emotion concepts can be operationally defined and investigated as both independent and dependent variables. Cognitive and affective processes can no longer be studied in isolation; taken together, the chapters provide a useful map of an increasingly important and active boundary.
Subjective Probability
Author: George Wright
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 608
Book Description
This overview of subjective probability ranges from discussion of the philosophy of axiom systems through studies in the psychological laboratory to the real world of business decision-making.
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 608
Book Description
This overview of subjective probability ranges from discussion of the philosophy of axiom systems through studies in the psychological laboratory to the real world of business decision-making.
Theories of Probability
Author: Terrence L. Fine
Publisher: Academic Press
ISBN: 1483263894
Category : Mathematics
Languages : en
Pages : 276
Book Description
Theories of Probability: An Examination of Foundations reviews the theoretical foundations of probability, with emphasis on concepts that are important for the modeling of random phenomena and the design of information processing systems. Topics covered range from axiomatic comparative and quantitative probability to the role of relative frequency in the measurement of probability. Computational complexity and random sequences are also discussed. Comprised of nine chapters, this book begins with an introduction to different types of probability theories, followed by a detailed account of axiomatic formalizations of comparative and quantitative probability and the relations between them. Subsequent chapters focus on the Kolmogorov formalization of quantitative probability; the common interpretation of probability as a limit of the relative frequency of the number of occurrences of an event in repeated, unlinked trials of a random experiment; an improved theory for repeated random experiments; and the classical theory of probability. The book also examines the origin of subjective probability as a by-product of the development of individual judgments into decisions. Finally, it suggests that none of the known theories of probability covers the whole domain of engineering and scientific practice. This monograph will appeal to students and practitioners in the fields of mathematics and statistics as well as engineering and the physical and social sciences.
Publisher: Academic Press
ISBN: 1483263894
Category : Mathematics
Languages : en
Pages : 276
Book Description
Theories of Probability: An Examination of Foundations reviews the theoretical foundations of probability, with emphasis on concepts that are important for the modeling of random phenomena and the design of information processing systems. Topics covered range from axiomatic comparative and quantitative probability to the role of relative frequency in the measurement of probability. Computational complexity and random sequences are also discussed. Comprised of nine chapters, this book begins with an introduction to different types of probability theories, followed by a detailed account of axiomatic formalizations of comparative and quantitative probability and the relations between them. Subsequent chapters focus on the Kolmogorov formalization of quantitative probability; the common interpretation of probability as a limit of the relative frequency of the number of occurrences of an event in repeated, unlinked trials of a random experiment; an improved theory for repeated random experiments; and the classical theory of probability. The book also examines the origin of subjective probability as a by-product of the development of individual judgments into decisions. Finally, it suggests that none of the known theories of probability covers the whole domain of engineering and scientific practice. This monograph will appeal to students and practitioners in the fields of mathematics and statistics as well as engineering and the physical and social sciences.
Encyclopedia of Medical Decision Making
Author: Michael W. Kattan
Publisher: SAGE
ISBN: 1412953723
Category : Medical
Languages : en
Pages : 1281
Book Description
The Encyclopedia of Medical Decision Making presents state-of-the-art research and ready-to-use facts sorting out findings on medical decision making and their applications.
Publisher: SAGE
ISBN: 1412953723
Category : Medical
Languages : en
Pages : 1281
Book Description
The Encyclopedia of Medical Decision Making presents state-of-the-art research and ready-to-use facts sorting out findings on medical decision making and their applications.
Science and Judgment in Risk Assessment
Author: National Research Council
Publisher: National Academies Press
ISBN: 030904894X
Category : Science
Languages : en
Pages : 668
Book Description
The public depends on competent risk assessment from the federal government and the scientific community to grapple with the threat of pollution. When risk reports turn out to be overblownâ€"or when risks are overlookedâ€"public skepticism abounds. This comprehensive and readable book explores how the U.S. Environmental Protection Agency (EPA) can improve its risk assessment practices, with a focus on implementation of the 1990 Clean Air Act Amendments. With a wealth of detailed information, pertinent examples, and revealing analysis, the volume explores the "default option" and other basic concepts. It offers two views of EPA operations: The first examines how EPA currently assesses exposure to hazardous air pollutants, evaluates the toxicity of a substance, and characterizes the risk to the public. The second, more holistic, view explores how EPA can improve in several critical areas of risk assessment by focusing on cross-cutting themes and incorporating more scientific judgment. This comprehensive volume will be important to the EPA and other agencies, risk managers, environmental advocates, scientists, faculty, students, and concerned individuals.
Publisher: National Academies Press
ISBN: 030904894X
Category : Science
Languages : en
Pages : 668
Book Description
The public depends on competent risk assessment from the federal government and the scientific community to grapple with the threat of pollution. When risk reports turn out to be overblownâ€"or when risks are overlookedâ€"public skepticism abounds. This comprehensive and readable book explores how the U.S. Environmental Protection Agency (EPA) can improve its risk assessment practices, with a focus on implementation of the 1990 Clean Air Act Amendments. With a wealth of detailed information, pertinent examples, and revealing analysis, the volume explores the "default option" and other basic concepts. It offers two views of EPA operations: The first examines how EPA currently assesses exposure to hazardous air pollutants, evaluates the toxicity of a substance, and characterizes the risk to the public. The second, more holistic, view explores how EPA can improve in several critical areas of risk assessment by focusing on cross-cutting themes and incorporating more scientific judgment. This comprehensive volume will be important to the EPA and other agencies, risk managers, environmental advocates, scientists, faculty, students, and concerned individuals.