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risk and risk attitude concepts. Behavior under uncertainty emerges from this book as something to base more on inquiry and …
Persistent link: https://www.econbiz.de/10013520749
Ongoing global changes pose fundamentally new scientific problems requiring new concepts and tools. A key issue concerns a vast variety of practically irreducible uncertainties, which challenge traditional models and require new concepts and analytical tools. Uncertainty can dominate, as in the...
Persistent link: https://www.econbiz.de/10013520564
Persistent link: https://www.econbiz.de/10013521032
This book is written for those seeking a decision theory appropriate for use in serious choices such as insurance. It … standard decision theories like expected utility or cumulative prospect theory. …This book is written for those seeking a decision theory appropriate for use in serious choices such as insurance. It …
Persistent link: https://www.econbiz.de/10013520645
Managing safety of diverse systems requires decision-making under uncertainties and risks. Such systems are typically characterized by spatio-temporal heterogeneities, inter-dependencies, externalities, endogenous risks, discontinuities, irreversibility, practically irreducible uncertainties,...
Persistent link: https://www.econbiz.de/10013522961
an alternative to the now classical, axiomatic general equilibrium theory as exposited in Debreu`s Theory of Value (1959 … alternative to the now classical, axiomatic general equilibrium theory as exposited in Debreu`s Theory of Value(1959) or Arrow and …
Persistent link: https://www.econbiz.de/10013520894
relation to safety, by Ove Njå, Øivind Solberg & Geir Sverre Braut -- 3 A conceptual foundation for assessing and managing risk …, surprises and black swans, by Terje Aven -- 4 Recognizing complexity in risk management: the challenge of the Improbable, by … Jean Pariès -- 5 Promoting safety by increasing uncertainty - Implications for risk Management, by Gudela Grote -- 6 …
Persistent link: https://www.econbiz.de/10012672170
Concept of -Cherry Junction Tree -- Robust Solutions under Uncertainty -- Induced Discounting and Risk Management -- Cost …
Persistent link: https://www.econbiz.de/10013521308
in finance related to: asset pricing, optimal portfolio management, risk measurement, risk control and asset …Multi-period Risk Measures and Optimal Investment Policies -- Asset Price Dynamics: Shocks and Regimes -- Scenario … Uncertainty -- Liability-driven Investment in Longevity Risk Management -- Pricing Multiple Exercise American Options by Linear …
Persistent link: https://www.econbiz.de/10014017595
Managing Uncertainty, Mitigating Risk proposes that financial risk management broaden its approach, maintaining …
Persistent link: https://www.econbiz.de/10012397543