Economic and Financial Decisions under Risk / / Harris Schlesinger, Christian Gollier, Louis Eeckhoudt.

An understanding of risk and how to deal with it is an essential part of modern economics. Whether liability litigation for pharmaceutical firms or an individual's having insufficient wealth to retire, risk is something that can be recognized, quantified, analyzed, treated--and incorporated int...

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Superior document:Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Backlist 2000-2013
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Place / Publishing House:Princeton, NJ : : Princeton University Press, , [2011]
©2005
Year of Publication:2011
Language:English
Online Access:
Physical Description:1 online resource (248 p.) :; 32 line illus. 1 table.
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245 1 0 |a Economic and Financial Decisions under Risk /  |c Harris Schlesinger, Christian Gollier, Louis Eeckhoudt. 
264 1 |a Princeton, NJ :   |b Princeton University Press,   |c [2011] 
264 4 |c ©2005 
300 |a 1 online resource (248 p.) :  |b 32 line illus. 1 table. 
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505 0 0 |t Frontmatter --   |t Contents --   |t Preface --   |t Part I. Decision Theory --   |t Part II. Risk Management --   |t Part III. Risk Sharing --   |t Part IV. Extensions --   |t Index 
506 0 |a restricted access  |u http://purl.org/coar/access_right/c_16ec  |f online access with authorization  |2 star 
520 |a An understanding of risk and how to deal with it is an essential part of modern economics. Whether liability litigation for pharmaceutical firms or an individual's having insufficient wealth to retire, risk is something that can be recognized, quantified, analyzed, treated--and incorporated into our decision-making processes. This book represents a concise summary of basic multiperiod decision-making under risk. Its detailed coverage of a broad range of topics is ideally suited for use in advanced undergraduate and introductory graduate courses either as a self-contained text, or the introductory chapters combined with a selection of later chapters can represent core reading in courses on macroeconomics, insurance, portfolio choice, or asset pricing. The authors start with the fundamentals of risk measurement and risk aversion. They then apply these concepts to insurance decisions and portfolio choice in a one-period model. After examining these decisions in their one-period setting, they devote most of the book to a multiperiod context, which adds the long-term perspective most risk management analyses require. Each chapter concludes with a discussion of the relevant literature and a set of problems. The book presents a thoroughly accessible introduction to risk, bridging the gap between the traditionally separate economics and finance literatures. 
530 |a Issued also in print. 
538 |a Mode of access: Internet via World Wide Web. 
546 |a In English. 
588 0 |a Description based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021) 
650 0 |a Economics -- Decision making. 
650 0 |a Economics  |x Decision making. 
650 0 |a Finance -- Decision making. 
650 0 |a Finance  |x Decision making. 
650 0 |a Risk assessment. 
650 0 |a Risk management. 
650 0 |a Risk. 
650 7 |a BUSINESS & ECONOMICS / Economics / Theory.  |2 bisacsh 
700 1 |a Eeckhoudt, Louis,   |e contributor.  |4 ctb  |4 https://id.loc.gov/vocabulary/relators/ctb 
700 1 |a Gollier, Christian,   |e author.  |4 aut  |4 http://id.loc.gov/vocabulary/relators/aut 
700 1 |a Gollier, Christian,   |e contributor.  |4 ctb  |4 https://id.loc.gov/vocabulary/relators/ctb 
700 1 |a Schlesinger, Harris,   |e author.  |4 aut  |4 http://id.loc.gov/vocabulary/relators/aut 
700 1 |a Schlesinger, Harris,   |e contributor.  |4 ctb  |4 https://id.loc.gov/vocabulary/relators/ctb 
773 0 8 |i Title is part of eBook package:  |d De Gruyter  |t Princeton University Press eBook-Package Backlist 2000-2013  |z 9783110442502 
776 0 |c print  |z 9780691096551 
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