The Knowledge Ahead Approach to Risk
| Author | : Robin Pope |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 236 |
| Release | : 2006-11-23 |
| ISBN-10 | : 9783540384748 |
| ISBN-13 | : 354038474X |
| Rating | : 4/5 (48 Downloads) |
Book Synopsis The Knowledge Ahead Approach to Risk by : Robin Pope
Download or read book The Knowledge Ahead Approach to Risk written by Robin Pope and published by Springer Science & Business Media. This book was released on 2006-11-23 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is written for those seeking a decision theory appropriate for use in serious choices such as insurance. It employs stages of knowledge ahead to track satisfactions and dissatisfactions. From experimental and questionnaire data, people take into account such stages of knowledge ahead satisfactions and dissatisfactions. This means we must go beyond standard decision theories like expected utility or cumulative prospect theory.
