The Knowledge Ahead Approach to Risk: Theory and Experimental Evidence

by Ulrike Leopold-Wildburger and Robin Pope

The joint work of Robin Pope, Johannes Leitner and Ulrike Leopold- Wildburger presented in this little book makes a strong point for a new approach to decision making under risk. It emphasizes aspects of risk preferences largely neglected in the theoretical and experimental lite- ture. Before the outcome of a risky decision is known a decision maker may feel worries or thrills about what will happen at the end. It is c- vincingly argued that the anticipation...

• Format: Paperback
• Language: English
• ISBN: 3540384723
• ISBN13: 9783540384724
• Release Date: November 2006
• Publisher: Springer
• Length: 232 Pages
• Weight: 0.85 lbs.
• Dimensions: 0.6" x 6.3" x 9.3"