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Risk: Is There a Unique Objective Measure? -- Expected Utility Theory -- Stochastic Dominance Decision Rules … Dominance Approach -- Non-Expected Utility and Stochastic Dominance -- Stochastic Dominance and Prospect Theory -- Multivariate …. The non-expected utility approach focuses on Regret Theory (RT) and mainly on prospect theory (PT) and its modified …
Persistent link: https://www.econbiz.de/10014017858
In knapper Form stellt dieses essential die Theorie des Erwartungsnutzens verständlich dar. Wer sich in kurzer Zeit … Ursprung der Theorie des Erwartungsnutzens an, leitet die Modelle aus der These des rationalen Verhaltens ab und diskutiert … Weinmann lehrt Mathematik, Statistik und Entscheidungstheorie in Masterstudiengängen der FOM Hochschule für Ökonomie und …
Persistent link: https://www.econbiz.de/10012401538
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
prospect theory and its modified version, cumulative prospect theory. Each approach is discussed and compared. In addition … prospect theory and its modified version, cumulative prospect theory. These approaches are discussed and compared in this book … dominance rules and prospect theory, and establishes a new investment decision rule which combines the two and which we call …
Persistent link: https://www.econbiz.de/10013520424
This book tries to sort out the different meanings of uncertainty and to discover their foundations. It shows that uncertainty can be represented using various tools and mental guidelines. Coverage also examines alternative ways to deal with risk and risk attitude concepts. Behavior under...
Persistent link: https://www.econbiz.de/10013520749
Random Set Theory -- Random Multiple Objective Decision Making -- Bi-random Multiple Objective Decision Making …
Persistent link: https://www.econbiz.de/10014015281
This book provides an overview of behavioral decision theory and related research findings. In brief, behavioral … decision theory is a general term for descriptive theories to explain the psychological knowledge related to decision …-making behavior. It is called a theory, but actually it is a combination of various psychological theories, for which axiomatic …
Persistent link: https://www.econbiz.de/10014017585
Erwartungsnutzentheorie, der Cumulative Prospect Theorie und der Conjoint Analyse drei Entscheidungsmodelle, mit denen sich das Präferenz- und …
Persistent link: https://www.econbiz.de/10013516969
Als Reaktion auf die Schwächen des Value-at-Risk-Konzeptes wurden in der Literatur axiomatische Risikomessansätze als Alternative vorgeschlagen. Mario Brandtner charakterisiert die diesen Ansätzen zugrunde liegenden Risikoverständnisse und präsentiert Techniken zu deren Umsetzung bei der...
Persistent link: https://www.econbiz.de/10014015725
Study about Bench-marking Based on Index Properties in Power Enterprises -- Research on Strategic Performance Evaluation Model of Power Grid Enterprise Based on Fuzzy Integral Evaluation -- Simulation of SMS Emergency Service Platform in Public Crisis Rumor Management -- SOEs’ investment and...
Persistent link: https://www.econbiz.de/10014018337