Decision-making under uncertainty
By: Tapan Biswas.
Publisher: St. Martin's Press
Published: 1997
Place of publication: New York
Language: eng
Number of pages: 215
Subjects: Decision making.; Utility theory.; Game theory.; Risk.
Description: This book systematically develops essential concepts in the economics of uncertainty and game theory. It also presents new ideas for further research. The first part deals with the economics of uncertainty, including a discussion of expected utility theory and non-expected utility theories, insurance market, portfolio analysis, principal-agent theory, as well as ethical issues presented in the context of choice under uncertainty.

The second part develops an understanding of game theory as a tool for analysing the interactive decision-making process.
Notes: Includes bibliographical references (p. 199-207) and index.