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). Chapter 1 gives some basic introduction to uncertain theories, including probability theory, credibility theory, uncertainty … theory and chance theory. Chapter 2 presents a comprehensive review and discussion of basic DEA models. The stochastic DEA is … uncertain DEA. In order to evaluate the DMUs in which uncertainty and randomness appear simultaneously, the hybrid DEA based on …
Persistent link: https://www.econbiz.de/10014020934
Concept of -Cherry Junction Tree -- Robust Solutions under Uncertainty -- Induced Discounting and Risk Management -- Cost …General Remarks on Robust Solutions -- Modeling of Uncertainty and Probabilistic Issues -- On Joint Modelling of Random … Uncertainty and Fuzzy Imprecision -- On the Approximation of a Discrete Multivariate Probability Distribution Using the New …
Persistent link: https://www.econbiz.de/10013521308
and analytical tools. Uncertainty can dominate, as in the climate change debates. Increasing the resolution of models does … not always yield sufficient certainty. This book presents much-needed new tools for modeling and management of uncertainty. … concepts and analytical tools. The uncertainty critically dominantes, e.g., the climate change debates. In short, the dilemma …
Persistent link: https://www.econbiz.de/10013520564
We develop a model of pandemic risk management and firm valuation. We introduce aggregate transmission shocks into an …
Persistent link: https://www.econbiz.de/10012833123
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This paper introduces a formal definition and an experimental measurement of the concept of cognitive uncertainty …: people's subjective uncertainty about what the optimal action is. This concept allows us to bring together and partially … explain a set of behavioral anomalies identified across four distinct domains of decision-making: choice under risk, choice …
Persistent link: https://www.econbiz.de/10012858403
risk sharing. Higher uncertainty increases stock prices, risk premiums, volatility, wealth inequality and the dispersion of …I characterize a dynamic economy under general distributions of households' risk tolerance, endowments, and beliefs … consumption-share increases; (b) the wealth-share of high risk-tolerant households increases; (c) richer households' wealth …
Persistent link: https://www.econbiz.de/10012894994
We develop an integrated theory of investment, seasoned equity offerings (SEOs), liquidation, and corporate savings … under uncertainty for a financially constrained firm, which features endogenous growth options, abandonment options, and …
Persistent link: https://www.econbiz.de/10013044990
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