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Uncertainty in Economics: Readings and Exercises (Economic theory and mathematical economics)

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 |  2014-05-10 |  2014-05-10 | File type: PDF

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Uncertainty in Economics: Readings and Exercises provides information pertinent to the fundamental aspects of the economics of uncertainty. This book discusses ho uncertainty affects both individual behavior and standard equilibrium theory.

Organized into three parts encompassing 30 chapters, this book begins with an overview of the relevance of expected utility maximization for positive and normative theories of individual choice. This text then examines the ...

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