Risk and Rationality

Risk and Rationality
Author :
Publisher :
Total Pages : 273
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ISBN-10 : 9780199672165
ISBN-13 : 0199672164
Rating : 4/5 (65 Downloads)

Book Synopsis Risk and Rationality by : Lara Buchak

Download or read book Risk and Rationality written by Lara Buchak and published by . This book was released on 2013-11 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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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