Professor Dreze is a highly respected mathematical economist and
econometrician. This book brings together some of his major
contributions to the economic theory of decision making under
uncertainty, and also several essays. These include an important essay
on 'Decision theory under moral hazard and state dependent preferences'
that significantly extends modern theory, and which provides rigorous
foundations for subsequent chapters. Topics covered within the theory
include decision theory, market allocation and prices, consumer
decisions, theory of the firm, labour contracts, and public decisions.