How Long to Read Generalized Expected Utility Theory

By John Quiggin

How Long Does it Take to Read Generalized Expected Utility Theory?

It takes the average reader 3 hours and 34 minutes to read Generalized Expected Utility Theory by John Quiggin

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

Description

Economic analysis of choice under uncertainty has been dominated by the expected utility (EU) model, yet the EU model has never been without critics. Psychologists accumulated evidence that individual choices under uncertainty were inconsistent with the predictions of the EU model. Applied work in areas such as finance was dominated by the simpler mean-variance analysis. In the 1980s this skepticism was dispelled as a number of generalizations of EU were proposed, most of which were capable of explaining evidence inconsistent with EU, while preserving transitivity and dominance. Generalized...

How long is Generalized Expected Utility Theory?

Generalized Expected Utility Theory by John Quiggin is 208 pages long, and a total of 53,664 words.

This makes it 70% the length of the average book. It also has 66% more words than the average book.

How Long Does it Take to Read Generalized Expected Utility Theory Aloud?

The average oral reading speed is 183 words per minute. This means it takes 4 hours and 53 minutes to read Generalized Expected Utility Theory aloud.

What Reading Level is Generalized Expected Utility Theory?

Generalized Expected Utility Theory is suitable for students ages 12 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 Generalized Expected Utility Theory?

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