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 : 42,42 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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Risk and Rationality

Risk and Rationality

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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, a

Risk and Rationality

Risk and Rationality

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Only ten to twelve percent of Americans would voluntarily live within a mile of a nuclear plant or hazardous waste facility. But industry spokespersons claim th

Rational Responses to Risks

Rational Responses to Risks

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Good decisions account for risks. For example, the risk of an accident while driving in the rain makes a reasonable driver decide to slow down. While risk is a

Risk, Uncertainty and Rational Action

Risk, Uncertainty and Rational Action

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Risk as we now know it is a wholly new phenomenon, the by-product of our ever more complex and powerful technologies. In business, policy making, and in everyda

Reactive Risk and Rational Action

Reactive Risk and Rational Action

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This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest m