Similar Search Results

Prospect theory : an analysis of decision under risk

Kahneman, Daniel; Tversky, Amos - In: Choices, values, and frames, (pp. 17-43). 2002

Persistent link: https://www.econbiz.de/10001722045

Prospect Theory : An Analysis of Decision Under Risk

Kahneman, Daniel - 2009

Analysis of decision making under risk has been dominated by expected utility theory, which generally accounts for … people's actions. Presents a critique of expected utility theory as a descriptive model of decision making under risk, and … responses to various hypothetical decision situations under risk and shows results that violate the tenets of expected utility …

Persistent link: https://www.econbiz.de/10013154437

Simulation-based business valuation : methodical implementation in the valuation practice

Ernst, Dietmar - In: Journal of risk and financial management : JRFM 15 (2022) 5, pp. 1-17

The simulation-based company valuation values a company on the basis of the risks actually present in the company without having to derive them from the capital market data. The simulation-based company valuation takes into account the market imperfections, such as the probability of insolvency...

Persistent link: https://www.econbiz.de/10013273413