Risk and Rationality

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  • Risk and Rationality Book Detail

  • Author : Lara Buchak
  • Release Date : 2013-11
  • Publisher :
  • Genre : Business & Economics
  • Pages : 273
  • ISBN 13 : 0199672164
  • File Size : 12,12 MB

Risk and Rationality by Lara Buchak PDF Summary

Book Description: Lara Buchak sets out a new account of rational decision-making in the face of risk. She argues that the orthodox view (expected utility theory) is too narrow, and suggests an alternative, more permissive theory: one that allows individuals to pay attention to the worst-case or best-case scenario, and vindicates the ordinary decision-maker.

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