Affective Decision Making Under Uncertainty: Risk, Ambiguity and Black Swans

by Donald J. Brown

This book is an exploration of the ubiquity of ambiguity in decision-making under uncertainty. It presents various essays on behavioral economics and behavioral finance that draw on the theory of Black Swans (Taleb 2010), which argues for a distinction between unprecedented events in our past and unpredictable events in our future. The defining property of Black Swan random events is that they are unpredictable, i.e., highly unlikely random...

• Format: Paperback
• Language: English
• ISBN: 3030595110
• ISBN13: 9783030595111
• Release Date: December 2020
• Publisher: Springer
• Length: 81 Pages
• Weight: 0.32 lbs.
• Dimensions: 0.2" x 6.1" x 9.2"