{"product_id":"uncertainty-production-choice-and-agency-the-state-contingent-approach-0521622441","title":"Uncertainty, Production, Choice, and Agency: The State-Contingent Approach","description":"\u003cp\u003e\u003cstrong\u003eISBN:\u003c\/strong\u003e 0521622441\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eAuthor:\u003c\/strong\u003e Chambers, Robert G.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eCondition:\u003c\/strong\u003e New\u003c\/p\u003e\u003cp\u003eThis book demonstrates that the state-contingent approach provides the best way to think about all problems in the economics of uncertainty, including problems of consumer choice, the theory of the firm, and principal agent relationships. The authors demonstrate that dual methods apply under uncertainty and that the dual representations can be developed for stochastic technologies. Moreover, proper exploitation of the properties of alternative primal and dual representations of preferences allows analysts to generalize and extend the results of the existing literature on preferences under uncertainty, thus making expected-utility theory largely superfluous for many decisions.\u003c\/p\u003e","brand":"Mia Karts","offers":[{"title":"Default Title","offer_id":51943633518880,"sku":"NEW0521622441","price":151.64,"currency_code":"USD","in_stock":false}],"url":"https:\/\/miakarts.com\/products\/uncertainty-production-choice-and-agency-the-state-contingent-approach-0521622441","provider":"Miakarts Books","version":"1.0","type":"link"}