Essays on Economic Decisions under Uncertainty

This book brings together Professor Dreze's major contributions to the economic theory of decision making under uncertainty, and also several essays.

Jacques Drèze (Author)

9780521386975, Cambridge University Press

Paperback, published 25 May 1990

456 pages
22.9 x 15.1 x 2.5 cm, 0.68 kg

Professor Dreze is a highly respected mathematical economist and econometrician. This book brings together some of his major contributions to the economic theory of decision making under uncertainty, and also several essays. These include an important essay on 'Decision theory under moral hazard and state dependent preferences' that significantly extends modern theory, and which provides rigorous foundations for subsequent chapters. Topics covered within the theory include decision theory, market allocation and prices, consumer decisions, theory of the firm, labour contracts, and public decisions.

1. Decision making under uncertainty: general theory
2. Markets and prices
3. Consumer decisions
4. Producer decisions
5. Theory of the firm
6. Human capital and labour contracts
7. Public decisions.

Subject Areas: Economic theory & philosophy [KCA]