Information function for reducing uncertainty in feedback: Economics choices
نویسندگان
چکیده
منابع مشابه
Economics of Uncertainty and Information
This chapter gives a non-technical overview of the main topics in the economics of uncertainty and information. We begin by distinguishing between uncertainty and risk and defining possible attitudes to risk. We then focus on risk-aversion and examine its role in insurance markets. The next topic is asymmetric information, that is, situations where two parties to a potential transaction do not ...
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ژورنال
عنوان ژورنال: African Journal of Business Management
سال: 2012
ISSN: 1993-8233
DOI: 10.5897/ajbm10.1654