Risk, Choice, and Uncertainty : : Three Centuries of Economic Decision-Making / / George G. Szpiro.
At its core, economics is about making decisions. In the history of economic thought, great intellectual prowess has been exerted toward devising exquisite theories of optimal decision making in situations of constraint, risk, and scarcity. Yet not all of our choices are purely logical, and so there...
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Szpiro, George G., author. aut http://id.loc.gov/vocabulary/relators/aut Risk, Choice, and Uncertainty : Three Centuries of Economic Decision-Making / George G. Szpiro. New York, NY : Columbia University Press, [2020] ©2020 1 online resource : 20 figures text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Frontmatter -- CONTENTS -- INTRODUCTION -- PART ONE. HAPPINESS AND THE UTILITY OF WEALTH -- 1. IT ALL BEGAN WITH A PARADOX -- 2. MORE IS BETTER . . . -- 3. . . . AT A DECREASING RATE -- PART TWO. MATHEMATICS IS THE QUEEN OF THE SCIENCES . . . -- 4. THE MARGINALIST TRIUMVIRATE -- 5. FORGOTTEN PRECURSORS -- 6. BETTING ON ONE’S BELIEF -- 7. GAMES ECONOMISTS PLAY -- 8. WOBBLY CURVES -- 9. COMPARING THE INCOMPARABLE -- PART THREE. . . . BUT MAN IS THE MEASURE OF ALL THINGS -- 10. MORE PARADOXES -- 11. GOOD ENOUGH -- 12. SUNK COSTS, THE GAMBLER’S FALLACY, AND OTHER ERRORS -- 13. ERRONEOUS, IRRATIONAL, OR PLAIN DUMB? -- NOTES -- BIBLIOGRAPHY -- INDEX restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star At its core, economics is about making decisions. In the history of economic thought, great intellectual prowess has been exerted toward devising exquisite theories of optimal decision making in situations of constraint, risk, and scarcity. Yet not all of our choices are purely logical, and so there is a longstanding tension between those emphasizing the rational and irrational sides of human behavior. One strand develops formal models of rational utility maximizing while the other draws on what behavioral science has shown about our tendency to act irrationally.In Risk, Choice, and Uncertainty, George G. Szpiro offers a new narrative of the three-century history of the study of decision making, tracing how crucial ideas have evolved and telling the stories of the thinkers who shaped the field. Szpiro examines economics from the early days of theories spun from anecdotal evidence to the rise of a discipline built around elegant mathematics through the past half century’s interest in describing how people actually behave. Considering the work of Locke, Bentham, Jevons, Walras, Friedman, Tversky and Kahneman, Thaler, and a range of other thinkers, he sheds light on the vast scope of discovery since Bernoulli first proposed a solution to the St. Petersburg Paradox. Presenting fundamental mathematical theories in easy-to-understand language, Risk, Choice, and Uncertainty is a revelatory history for readers seeking to grasp the grand sweep of economic thought. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 27. Jan 2023) Decision making. Risk management. BUSINESS & ECONOMICS / Economic History. bisacsh Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2020 9783110710977 Title is part of eBook package: De Gruyter EBOOK PACKAGE Business and Economics 2020 English 9783110704792 Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2020 English 9783110704716 Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2020 9783110704518 ZDB-23-DGG Title is part of eBook package: De Gruyter EBOOK PACKAGE Economics 2020 9783110704624 ZDB-23-DBV print 9780231194747 https://doi.org/10.7312/szpi19474 https://www.degruyter.com/isbn/9780231550970 Cover https://www.degruyter.com/document/cover/isbn/9780231550970/original |
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English |
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eBook |
author |
Szpiro, George G., Szpiro, George G., |
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Szpiro, George G., Szpiro, George G., Risk, Choice, and Uncertainty : Three Centuries of Economic Decision-Making / Frontmatter -- CONTENTS -- INTRODUCTION -- PART ONE. HAPPINESS AND THE UTILITY OF WEALTH -- 1. IT ALL BEGAN WITH A PARADOX -- 2. MORE IS BETTER . . . -- 3. . . . AT A DECREASING RATE -- PART TWO. MATHEMATICS IS THE QUEEN OF THE SCIENCES . . . -- 4. THE MARGINALIST TRIUMVIRATE -- 5. FORGOTTEN PRECURSORS -- 6. BETTING ON ONE’S BELIEF -- 7. GAMES ECONOMISTS PLAY -- 8. WOBBLY CURVES -- 9. COMPARING THE INCOMPARABLE -- PART THREE. . . . BUT MAN IS THE MEASURE OF ALL THINGS -- 10. MORE PARADOXES -- 11. GOOD ENOUGH -- 12. SUNK COSTS, THE GAMBLER’S FALLACY, AND OTHER ERRORS -- 13. ERRONEOUS, IRRATIONAL, OR PLAIN DUMB? -- NOTES -- BIBLIOGRAPHY -- INDEX |
author_facet |
Szpiro, George G., Szpiro, George G., |
author_variant |
g g s gg ggs g g s gg ggs |
author_role |
VerfasserIn VerfasserIn |
author_sort |
Szpiro, George G., |
title |
Risk, Choice, and Uncertainty : Three Centuries of Economic Decision-Making / |
title_sub |
Three Centuries of Economic Decision-Making / |
title_full |
Risk, Choice, and Uncertainty : Three Centuries of Economic Decision-Making / George G. Szpiro. |
title_fullStr |
Risk, Choice, and Uncertainty : Three Centuries of Economic Decision-Making / George G. Szpiro. |
title_full_unstemmed |
Risk, Choice, and Uncertainty : Three Centuries of Economic Decision-Making / George G. Szpiro. |
title_auth |
Risk, Choice, and Uncertainty : Three Centuries of Economic Decision-Making / |
title_alt |
Frontmatter -- CONTENTS -- INTRODUCTION -- PART ONE. HAPPINESS AND THE UTILITY OF WEALTH -- 1. IT ALL BEGAN WITH A PARADOX -- 2. MORE IS BETTER . . . -- 3. . . . AT A DECREASING RATE -- PART TWO. MATHEMATICS IS THE QUEEN OF THE SCIENCES . . . -- 4. THE MARGINALIST TRIUMVIRATE -- 5. FORGOTTEN PRECURSORS -- 6. BETTING ON ONE’S BELIEF -- 7. GAMES ECONOMISTS PLAY -- 8. WOBBLY CURVES -- 9. COMPARING THE INCOMPARABLE -- PART THREE. . . . BUT MAN IS THE MEASURE OF ALL THINGS -- 10. MORE PARADOXES -- 11. GOOD ENOUGH -- 12. SUNK COSTS, THE GAMBLER’S FALLACY, AND OTHER ERRORS -- 13. ERRONEOUS, IRRATIONAL, OR PLAIN DUMB? -- NOTES -- BIBLIOGRAPHY -- INDEX |
title_new |
Risk, Choice, and Uncertainty : |
title_sort |
risk, choice, and uncertainty : three centuries of economic decision-making / |
publisher |
Columbia University Press, |
publishDate |
2020 |
physical |
1 online resource : 20 figures |
contents |
Frontmatter -- CONTENTS -- INTRODUCTION -- PART ONE. HAPPINESS AND THE UTILITY OF WEALTH -- 1. IT ALL BEGAN WITH A PARADOX -- 2. MORE IS BETTER . . . -- 3. . . . AT A DECREASING RATE -- PART TWO. MATHEMATICS IS THE QUEEN OF THE SCIENCES . . . -- 4. THE MARGINALIST TRIUMVIRATE -- 5. FORGOTTEN PRECURSORS -- 6. BETTING ON ONE’S BELIEF -- 7. GAMES ECONOMISTS PLAY -- 8. WOBBLY CURVES -- 9. COMPARING THE INCOMPARABLE -- PART THREE. . . . BUT MAN IS THE MEASURE OF ALL THINGS -- 10. MORE PARADOXES -- 11. GOOD ENOUGH -- 12. SUNK COSTS, THE GAMBLER’S FALLACY, AND OTHER ERRORS -- 13. ERRONEOUS, IRRATIONAL, OR PLAIN DUMB? -- NOTES -- BIBLIOGRAPHY -- INDEX |
isbn |
9780231550970 9783110710977 9783110704792 9783110704716 9783110704518 9783110704624 9780231194747 |
url |
https://doi.org/10.7312/szpi19474 https://www.degruyter.com/isbn/9780231550970 https://www.degruyter.com/document/cover/isbn/9780231550970/original |
illustrated |
Not Illustrated |
dewey-hundreds |
300 - Social sciences |
dewey-tens |
330 - Economics |
dewey-ones |
330 - Economics |
dewey-full |
330.01/9 |
dewey-sort |
3330.01 19 |
dewey-raw |
330.01/9 |
dewey-search |
330.01/9 |
doi_str_mv |
10.7312/szpi19474 |
oclc_num |
1130901045 |
work_keys_str_mv |
AT szpirogeorgeg riskchoiceanduncertaintythreecenturiesofeconomicdecisionmaking |
status_str |
n |
ids_txt_mv |
(DE-B1597)544640 (OCoLC)1130901045 |
carrierType_str_mv |
cr |
hierarchy_parent_title |
Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2020 Title is part of eBook package: De Gruyter EBOOK PACKAGE Business and Economics 2020 English Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2020 English Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2020 Title is part of eBook package: De Gruyter EBOOK PACKAGE Economics 2020 |
is_hierarchy_title |
Risk, Choice, and Uncertainty : Three Centuries of Economic Decision-Making / |
container_title |
Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2020 |
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1770176065755414529 |
fullrecord |
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