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Probability Models for Economic Decisions (with CD-ROM) (Duxbury Applied)

Probability Models for Economic Decisions (with CD-ROM) (Duxbury Applied)
Author: Roger B. Myerson
ISBN 13: 9780534423810
ISBN 10: 534423817
Edition: 1
Publisher: Duxbury Press
Publication Date: 2004-10-20
Format: Hardcover
Pages: 432
List Price: $259.95

Myerson (economics, University of Chicago) takes the uncertainty out of analyzing uncertainty in this text/CD-ROM introduction to the use of probability models for analyzing risks and economic decisions. Focus is on using probability models with Micosoft Excel to quantify uncertainty and risk in complex, realistic situations. Chapter cases and exercises are included. The CD-ROM contains software developed by the author to extend Excel's capacity to Monte Carlo simulation and risk analysis spreadsheets. The text can be used at the undergraduate or MBA level, and no previous study of probability is assumed. Annotation ©2004 Book News, Inc., Portland, OR