Decision-Making Under Risk : When Is Utility Maximization Equivalent To Risk Minimization?

We consider a standard one-agent decision-making problem under risk and we address the following question: under what conditions is utility maximization equivalent to 'risk' minimization, where the measure of risk used by the decision-maker is a conservative coherent risk measure?

MoreLess

Year of publication:	2023
Authors:	Ruscitti, Francesco ; Dubey, Ram Sewak ; Laguzzi, Giorgio
Publisher:	[S.l.] : SSRN
Subject:	Risiko \| Risk \| Entscheidung unter Risiko \| Decision under risk \| Erwartungsnutzen \| Expected utility \| Portfolio-Management \| Portfolio selection \| Entscheidung \| Decision \| Entscheidungstheorie \| Decision theory

freely available

Full text |

More access options

doi.org

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (14 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 4, 2023 erstellt
Other identifiers:	10.2139/ssrn.4318160 [DOI]
Classification:	C65 - Miscellaneous Mathematical Tools ; D01 - Microeconomic Behavior: Underlying Principles ; D81 - Criteria for Decision-Making under Risk and Uncertainty
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014263940