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008 191007s2019 nyu ob 001 0 eng
010 _a 2019023646
020 _a9780231550970
020 _z9780231194747
040 _aDLC
_beng
_cDLC
_erda
041 _aeng
042 _apcc
050 0 0 _aHD30.23
082 0 0 _a330.01/9
_223
100 1 _aSzpiro, George,
_d1950-
_eauthor.
245 1 0 _aRisk, choice, and uncertainty :
_bthree centuries of economic decision-making /
_cGeorge G. Szpiro.
263 _a1911
264 1 _aNew York :
_bColumbia University Press,
_c2019.
300 _a1 online resource
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 0 _aRisky decisions
504 _aIncludes bibliographical references and index.
520 _a"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"--
_cProvided by publisher.
588 _aDescription based on print version record and CIP data provided by publisher; resource not viewed.
650 0 _aDecision making.
650 0 _aRisk management.
655 0 _aElectronic books.
776 0 8 _iPrint version:
_aSzpiro, George, 1950-
_tRisk, choice, and uncertainty
_dNew York : Columbia University Press, 2019.
_z9780231194747
_w(DLC) 2019023645
856 _uhttps://web.p.ebscohost.com/ehost/detail/detail?vid=30&sid=405729dd-7dda-4ecd-8c5c-91fa51526cd7%40redis&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#AN=2111848&db=e000tww
_yFull text available at Ebscohost Click here to view
906 _a7
_bcbc
_corignew
_d1
_eecip
_f20
_gy-gencatlg
942 _2ddc
_cER