Titlebook: Experiments on Decisions under Risk: The Expected Utility Hypothesis; Paul J. H. Schoemaker Book 1980 Springer Science+Business Media Dord

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A Positivistic Test of EU Theory,The previous two chapters suggested that EU theory is often inadequate as a descriptive model. The evidence cited in Chapter 2 showed either that some of the EU axioms were directly violated or that predictions from the theory did not hold. However, how damaging is this evidence when viewed from a positivistic economic perspective?

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Experiments on Decisions under Risk: The Expected Utility Hypothesis

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Experiments on Decisions under Risk: The Expected Utility Hypothesis978-94-017-5040-0

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Book 1980oemaker presents convincing evidence that it does not do well with respect to protec­ tion against low-probability events. For example, he shows that the insur­ ance purchase decision is influenced by the way information is presented to the client, as well as by the statistical knowledge of the resp

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ainty, Schoemaker presents convincing evidence that it does not do well with respect to protec­ tion against low-probability events. For example, he shows that the insur­ ance purchase decision is influenced by the way information is presented to the client, as well as by the statistical knowledge of the resp978-94-017-5042-4978-94-017-5040-0

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Efficient Parametrization of Electrochemical LIB Modelsg eignet sich besonders gut für berufliche Neu- und Wiedereinsteiger, Gewerbetreibende, Freiberufler und Existenzgründer sowie für Bachelor-Studierende und Auszubildende in kaufmännischen und steuerrelevanten Berufen. Die vorliegende 3. Auflage wurde verbessert und aktualisiert..978-3-658-26829-9978-3-658-26830-5

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