Advances in Decision Making Under Risk and Uncertainty

• Corporate Author: SpringerLink (Online service)
• Other Authors: Abdellaoui, Mohammed (Editor), Hey, John D. (Editor)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2008.
• Series: Theory and Decision Library, Series C: Game Theory, Mathematical Programming and Operations Research, 42
• Subjects: Operations research.; Decision making.; Game theory.; Economic theory.; Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.; Game Theory, Economics, Social and Behav. Sciences.; Operation Research/Decision Theory.

Whether we like it or not we all feel that the world is uncertain. From choosing a new technology to selecting a job, we rarely know in advance what outcome will result from our decisions. Unfortunately, the standard theory of choice under uncertainty developed in the early forties and fifties turns...