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17

Risk and Uncertainty

Lecture no. 17 from the course: Unexpected Economics

Risk and Uncertainty

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.

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