Managing Uncertainty, Mitigating Risk proposes that financial risk management broaden its approach, maintaining quantification where possible, but incorporating uncertainty. The author shows that by using broad quantification techniques, and using reason as the guiding principle, practitioners...

Entscheidungsverhalten bei Ambiguität -- Die Entwicklung der subjektiven Erwartungsnutzentheorie -- Aktieninvestition als lebensnahe ambigue Entscheidung -- Sozialer Einfluss durch Gruppenbildung und Kommunikation auf ambigue Entscheidungen.

Literature Review -- Model Description -- Model Properties -- Numerical Study -- Conclusion -- Statistical Distributions -- Supplement to Performance Variability Limitation -- Supplement to Mean-Variance Update -- Program Listing.

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...