Risk Analysis in Theory and Practice (Academic Press Advanced Finance)
Publisher: Academic Press; Elsevier/Butterworth Heinemann; Elsevier Academic Press
Published: June 4, 2004
Language: eng
Number of pages: 247
ISBN-13: 9780121706210
First sentence: The economics of risk has been a fascinating area of inquiry for at least two reasons.
Description: "Risk Analysis in Theory and Practice presents an analytical framework and illustrates how to use it to investigate economic decisions under risk. Jean-Paul Chavas provides a systematic treatment of both private and public decisions under uncertainty, taking into consideration crucial factors including risk assessment using probability theory, risk measurement, risk preferences, and new insights into the value of information."--Jacket.