Economics and geostrategy
Etablissement : Faculté de Gestion, Economie & Sciences Licences
Langue : Anglais
Formation(s) dans laquelle/lesquelles le cours apparait :
- Aucune formation en lien avec ce cours.
Période : S6
- English B2 level
- Microeconomics
The main objective of the course is to introduce students to the concept of risk and to explain how uncertainty modifies the choices of individuals and societies. At the end of the course, the students will be able to distinguish between risk lover, risk neutral and risk adverse attitudes in the different theories of risk.
- The definitions of risk and probabilities
- The expected value theory
- The expected utility theory
- The prospect theory
