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"Economics and Finance of Uncertainty" explores the growing range of economic decisions that are conducted under uncertainty both on the personal level - such as individual savings, insurance, portfolio choices - as well as by large firms, including insurance companies and stock…
Exploring the growing range of economic decisions that are conducted under uncertainty - both on a personal level as well as by large firms - this text analyzes the allocation of risk in the context of the current literature, as well as emphasizing the role of information in dec…