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The Practical Justifiability of "Irrational" Aversion to Risk (Classic Reprint)

Current price: $9.57
The Practical Justifiability of "Irrational" Aversion to Risk (Classic Reprint)
The Practical Justifiability of "Irrational" Aversion to Risk (Classic Reprint)

Barnes and Noble

The Practical Justifiability of "Irrational" Aversion to Risk (Classic Reprint)

Current price: $9.57
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Excerpt from The Practical Justifiability of "Irrational" Aversion to Risk
My aim is to persuade management scientists, and social scientists generally, of a specific need for modification of decision theory as a prescriptive guide to real - world decision-making. The issue raised here was raised and apparently resolved in the early nineteen - fifties. It reappears when one recognizes the necessity of explicitly confronting cognitive limitations in a prescriptive theory of management.
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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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