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Titlebook: Risk and Uncertainty; Karl Borch (Chairman),Jan Mossin (Rapporteur) Book 1968 Palgrave Macmillan, a division of Macmillan Publishers Limit

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Psychological Variables and Coalition-Forming Behaviourour experimental set-up (von Neumann and Morgenstern, 1944; Shapley, 1953; Luce, 1955; Aumann and Maschler, 1964; Davis and Maschler, 1963). These theories are generally considered normative, but even normative theories should have some proximity to real behaviour. Therefore it is interesting to com
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Individual, Co-Operative, and Competitive Pricing of Risksreat degree upon uncontrollable chance factors. It therefore seems a most natural definition of ‘risk’ to identify it with those chance factors which may be (but not necessarily are) working against the ‘economical zoon’. The terminology just used is misleading in as much as there is no absolute dic
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Computation In Organizations: Comparison Of Price Mechanisms And Other Adjustment Processesreferences and are to respond in a desirable way to a changing environment. The discussion is partly motivated by economists’ continuing interest in the formulation of decentralized ‘price’ mechanisms to be used by planned economies, firms, and other organizations which it is helpful to view as team
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Risk and Uncertainty in the Management of Soviet Firms this does not mean that risk and uncertainty are absolutely non-existent under socialistic manufacturing conditions. They exist, and they are factors which have to be taken into account in the process of management and decision-making. But under the socialistic socio-economic conditions, the nature
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