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Unformatted text preview: dice or cards, or fuzzy [actuarial] risk – things for which we have some notion of historical occurrence. 2. Future events range from things about which we are reasonably certain to virtual wild guesses. 2. Subjective theory of price (demand side theory)...
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This note was uploaded on 01/12/2010 for the course ECON 434 taught by Professor Byrns during the Spring '09 term at UNC.
- Spring '09