THE ECONOMICS OF UNCERTAINTY II,

Abstract

The paper contains a general discussion of economic decisions under certainty and under uncertainty. It is demonstrated that decision rules can be derived from underlying preference orderings, which in some cases can be represented by utility functions. (Author)

Document Details

Document Type
Technical Report
Publication Date
Feb 01, 1965
Accession Number
AD0612730

Entities

People

  • Karl Borch

Organizations

  • University of California, Los Angeles

Tags

DTIC Thesaurus Topics

  • Economics
  • Uncertainty

Fields of Study

  • Economics

Readers

  • Industrial Economics
  • Regression Analysis.
  • Team-Based Human-Centered Cognitive Task Decision Making and Information Performance.