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 | The Economics of Risk and Time (The MIT Press) (Updated Edition) by Christian/ Gollierchristian Gollier, University Of Toulouse, Christian Golier Paperback, 465 Pages, Published 2004 ISBN-10: 0-262-57224-9 / 0262572249 ISBN-13: 978-0-262-57224-8 / 9780262572248 This book updates and advances the theory of expected utility as applied to risk analysis and financial decision making. Von Neumann and Morgenstern pioneered the use of expected utility theory in the 1940s, but most utility functions used in financial | |