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Title: The Microeconomics of Choice under Risk and Uncertainty: Where Are We?
Authors: WDA Bryant
Issue/Year: Jan-2014
Section: Research
Abstract: This paper discusses some of the main attempts made by economic theory to understand how economic agents go about the business of decision-making under conditions of risk and uncertainty. It also considers empirical tests of the theoretical possibilities and some of the anomalies and responses thrown up by those tests.
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