How Long to Read Affective Decision Making Under Uncertainty

How Long Does it Take to Read Affective Decision Making Under Uncertainty?

It takes the average reader 1 hour and 30 minutes to read Affective Decision Making Under Uncertainty by Donald J. Brown

Assuming a reading speed of 250 words per minute. Learn more

Description

This book is an exploration of the ubiquity of ambiguity in decision-making under uncertainty. It presents various essays on behavioral economics and behavioral finance that draw on the theory of Black Swans (Taleb 2010), which argues for a distinction between unprecedented events in our past and unpredictable events in our future. The defining property of Black Swan random events is that they are unpredictable, i.e., highly unlikely random events. In this text, Mandelbrot’s (1972) operational definition of risky random unpredictable events is extended to Black Swan assets – assets for which the cumulative probability distribution or conditional probability distribution of random future asset returns is a power distribution. Ambiguous assets are assets for which the uncertainties of future returns are not risks. Consequently, there are two disjoint classes of Black Swan assets: Risky Black Swan assets and Ambiguous Black Swan assets, a new class of ambiguous assets with unpredictable random future outcomes. The text is divided into two parts, the first of which focuses on affective moods, introduces affective utility functions and discusses the ambiguity of Black Swans. The second part, which shifts the spotlight to affective equilibrium in asset markets, features chapters on affective portfolio analysis and Walrasian and Gorman Polar Form Equilibrium Inequalities. In order to gain the most from the book, readers should have completed the standard introductory graduate courses on microeconomics, behavioral finance, and convex optimization. The book is intended for advanced undergraduates, graduate students and post docs specializing in economic theory, experimental economics, finance, mathematics, computer science or data analysis.

How long is Affective Decision Making Under Uncertainty?

Affective Decision Making Under Uncertainty by Donald J. Brown is 88 pages long, and a total of 22,704 words.

This makes it 30% the length of the average book. It also has 28% more words than the average book.

How Long Does it Take to Read Affective Decision Making Under Uncertainty Aloud?

The average oral reading speed is 183 words per minute. This means it takes 2 hours and 4 minutes to read Affective Decision Making Under Uncertainty aloud.

What Reading Level is Affective Decision Making Under Uncertainty?

Affective Decision Making Under Uncertainty is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Affective Decision Making Under Uncertainty?

Affective Decision Making Under Uncertainty by Donald J. Brown is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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