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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Superior document: | Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2020 |
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Place / Publishing House: | New York, NY : : Columbia University Press, , [2020] ©2020 |
Year of Publication: | 2020 |
Language: | English |
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Physical Description: | 1 online resource :; 20 figures |
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Table of 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