Risk and rationality
Auteur :
Buchak, Lara
Éditeur :
Oxford University Press
ISBN :
9780199672165
Date de publication :
28 nov. 2013
Dimensions :
23,9 x 16,2 x 2,3 cm
Poids :
556 g
Langue :
Anglais
Pays d'origine :
Grande Bretagne
Lara Buchak sets out a new account of rational decision-making in the face of risk. She argues that the orthodox view (expected utility theory) is too narrow, and suggests an alternative, more permissive theory: one that allows individuals to pay attention to the worst-case or best-case scenario, and vindicates the ordinary decision-maker.