, we discuss the absence of arbitrage, its relation to economic viability, and the existence of suitable nonlinear pricing … expectations. Classical financial markets under risk and no ambiguity are contained as special cases, including various forms of …

, we discuss the absence of arbitrage, its relation to economic viability, and the existence of suitable nonlinear pricing … expectations. Classical financial markets under risk and no ambiguity are contained as special cases, including various forms of …

This text is the first major survey of risk analysis from the perspective of the agricultural firms since Agricultural … that text, this book includes the statistical foundations of decision making under risk and uncertainty. Adding to the … material covered in Anderson, Dillon, and Hardaker, the text includes material on dynamic decision rules, the arbitrage pricing …