ec4024 lecture 7

8
Lecture 7 Uncertainty, Risk, and Historical Finance

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Page 1: Ec4024 Lecture 7

Lecture 7

Uncertainty, Risk, and Historical Finance

Page 2: Ec4024 Lecture 7

What is Risk?

Page 3: Ec4024 Lecture 7

What is Uncertainty?

Page 4: Ec4024 Lecture 7

Handout

Page 5: Ec4024 Lecture 7

Herbert Simon and Rationality

Page 6: Ec4024 Lecture 7

Discussion

Page 7: Ec4024 Lecture 7

Next Time

Choice under uncertainty

Read Pilbeam, Cht 7

Page 8: Ec4024 Lecture 7