Decision Under Risk

Han Bleichrodt ()
Additional contact information
Han Bleichrodt: University of Alicante

Chapter Chapter 9 in Behavioural Economics, 2025, pp 181-217 from Springer

Abstract: Abstract An agent who makes a decision under uncertainty faces a set of possible states of the world. One of these states occurs, but the agent does not know which one. An example is Redelmeier’s Hollywood actress who has symptoms which could be consistent with various diseases. In this example the states are the possible diseases. Other examples are the performance of the stock market, the result of an election, or the future rise in temperature.

Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-69166-9_9

Ordering information: This item can be ordered from
http://www.springer.com/9783031691669

DOI: 10.1007/978-3-031-69166-9_9

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().