Books By Robert Nau - Author

Robert Nau is a Professor Emeritus of Business Administration in the Fuqua School of Business, Duke University. He received his Ph.D. in Operations Research from the University of California at Berkeley. Professor Nau is an internationally known authority on mathematical models of decision-making under uncertainty. His research has been supported by the National Science Foundation, and his papers have been published in journals such as Operations Research, Management Science, Annals of Statistics, Journal of Economic Theory, and the International Journal of Game Theory. He was a co-recipient of the Decision Analysis Society Best Publication Award. One of the themes in Professor Nau's research is that models of rational decision-making in various fields are linked by a single unifying principle, namely the principle of no-arbitrage, i.e., avoiding sure loss at the hands of a competitor. This principle is central to modern finance theory, but it c