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Sobre la toma de decisiones economicas bajo incertidumbre

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Garcia Gallego, A. and Georgantzis, N. (2012) Sobre la toma de decisiones economicas bajo incertidumbre. Ciencia Cognitiva, 6 (1). pp. 27-29. ISSN 1988-7884

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Abstract/Summary

In this article we review the evolution of economic theory on decision making under uncertainty. After a brief reference to Expected Utility Theory, we refer to behavioural paradoxes, forcing the theorists to adopt less restrictive approaches, allowing us to explain a broader spectrum of phenomena. The complexity entailed in the new theories requires a multidimensional description of human attitudes towards risk. Nevertheless, measurement of this attitudes has not followed the desired path, with most elicitation methods remaining uni-dimensional.

Item Type:Article
Refereed:Yes
Divisions:Faculty of Life Sciences > School of Agriculture, Policy and Development > Economic and Social Sciences Division > Food Economics and Marketing (FEM)
ID Code:36633
Publisher:Universidad de Granada,

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