This book is devoted to investment decision-making under uncertainty. The book covers three basic approaches to this process: the stochastic dominance approach; the mean-variance approach; and the non-expected utility approach, focusing on prospect theory and its modified version, cumulative...

Preface -- Credibility Theory -- Credibilistic Programming -- Mathematical Programming -- Expected Value Model -- Chance-Constrained Programming -- Entropy Maximization Model -- Cross-Entropy Minimization Model -- Regret Minimization Model

1. Einführung -- 2. Zinsrechnung -- 3. Äquivalenzprinzip der Finanzmathematik -- 4. Rentenrechnung -- 5. Tilgungsrechnung -- 6. Investitionsrechnung -- 7. Abschreibungen -- 8. Anhang -- Sachverzeichnis.

Valuing equity -- The accuracy of equity valuation methods -- Multiples: Controlling for differences between firms -- Linear information models: The effects of conservative accounting -- Summary and conclusions.

Valuing portfolios of options embedded in investment decisions is arguably one of the most important and challenging problems in real options and corporate ?nance in general. Although the problem is common and vitally important in the value creation process of almost any corporation, it has not...

The growing complexity of many real world problems is one of the biggest challenges of our time. The area of international finance is one prominent example where decision making is often fraud to mistakes, and tasks such as forecasting, trading and hedging exchange rates seem to be too difficult...

Markowitz for the Masses: Portfolio Construction Techniques -- Markowitz for the Masses: The Risk and Return of Equity and Portfolio Construction Techniques -- Markowitz and the Expanding Definition of Risk: Applications of Multi-factor Risk Models -- Markowitz Applications in the 1990s and the...

Enterprise Risk Management in Supply Chains -- Enterprise Risk Management Process -- Information Systems Security Risk -- Enterprise Risk Management in Projects -- Natural Disaster Risk Management -- Disaster Risk Management in China -- Value-Focused Supply Chain Risk Analysis -- Examples of...

Die Bedeutung von Kreativität im Eigenschaftsansatz.- Kreativität im Kontext populärer Managementliteratur -- Zur Messung von Kreativität -- Das kreative Potenzial von Entrepreneuren -- Kreatives Potenzial und Erfolg -- Kausalanalyse mit Hilfe eines Strukturgleichungsmodells zu den latenten...

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...