Risk and rationality /

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, an...

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Bibliographic Details
Main Author: Buchak, Lara Marie, 1981- (Author)
Format: eBook
Language:English
Published: Oxford : Oxford University Press, [2013]
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary: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.
Physical Description:1 online resource (xii, 260 pages) : illustrations
Bibliography:Includes bibliographical references and index.
ISBN:9780191652325
0191652326
9780191759048
019175904X