| 000 -LEADER |
|---|
| fixed length control field |
02029nam a2200253Ia 4500 |
| 003 - CONTROL NUMBER IDENTIFIER |
|---|
| control field |
DE-boiza |
| 005 - DATE AND TIME OF LATEST TRANSACTION |
|---|
| control field |
20191021093725.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
|---|
| fixed length control field |
191008 |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
|---|
| International Standard Book Number |
0-262-07215-7 |
| 040 ## - CATALOGING SOURCE |
|---|
| Transcribing agency |
IZA |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
Gollier, Christian |
| 9 (RLIN) |
3528 |
| 245 #4 - TITLE STATEMENT |
|---|
| Title |
The Economics of Risk and Time |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
|---|
| Date of publication, distribution, etc. |
2001 |
| Name of publisher, distributor, etc. |
MIT Press, |
| Place of publication, distribution, etc. |
Cambridge, Mass. [u.a.], |
| 300 ## - PHYSICAL DESCRIPTION |
|---|
| Extent |
445 pages |
| 340 ## - PHYSICAL MEDIUM |
|---|
| Location within medium |
D8 05 |
| 520 ## - SUMMARY, ETC. |
|---|
| Summary, etc. |
<br/>This book updates and advances the theory of expected utility as applied to risk analysis and financial decision making. Von Neumann and Morgenstern pioneered the use of expected utility theory in the 1940s, but most utility functions used in financial management are still relatively simplistic and assume a mean-variance world. Taking into account recent advances in the economics of risk and uncertainty, this book focuses on richer applications of expected utility in finance, macroeconomics, and environmental economics.<br/><br/>The book covers these topics: expected utility theory and related concepts; the standard portfolio problem of choice under uncertainty involving two different assets; P the basic hyperplane separation theorem and log-supermodular functions as technical tools for solving various decision-making problems under uncertainty; s choice involving multiple risks; the Arrow-Debreu portfolio problem; consumption and saving; the equilibrium price of risk and time in an Arrow-Debreu economy; and dynamic models of decision making when a flow of information on future risks is expected over time. The book is appropriate for both students and professionals. Concepts are presented intuitively as well as formally, and the theory is balanced by empirical considerations. Each chapter concludes with a problem set.<br/> |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
economics of risk |
| 9 (RLIN) |
3529 |
|
|---|
| Topical term or geographic name entry element |
economics of time |
| 9 (RLIN) |
3530 |
|
|---|
| Topical term or geographic name entry element |
ficial sector |
| 9 (RLIN) |
3531 |
|
|---|
| Topical term or geographic name entry element |
portfolio choice |
| 9 (RLIN) |
3532 |
|
|---|
| Topical term or geographic name entry element |
utility theory |
| 9 (RLIN) |
3533 |
| 856 ## - ELECTRONIC LOCATION AND ACCESS |
|---|
| Uniform Resource Identifier |
<a href="https://mitpress.mit.edu/books/economics-risk-and-time">https://mitpress.mit.edu/books/economics-risk-and-time</a> |
| Link text |
Publisher's website |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
|---|
| Koha item type |
Monography |
| Source of classification or shelving scheme |
|
