Risk and Uncertainty
Lecture no. 17 from the course: Unexpected Economics
Taught by Professor Timothy Taylor | 32 min | Categories: The Great Courses Plus Online Economics & Finance Courses
An eye-opening exploration of how economists see risk introduces behavioral descriptions like risk-neutral, risk-seeking, and risk-averse, along with the most useful way to realistically evaluate probabilities and make decisions. Learn how this knowledge factors into public policy subjects like energy and finance.