Risk and Rationality

Risk and Rationality

Autor

Lara Buchak

Editura

Oxford University Press

An publicare

2017

Nr. Pagini

272

ISBN

9780198801283

Categorii

Lucrări De Referinţă Stiinte Cercetare Si Informare Teoria Deciziei

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Descriere

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.

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