method which used is a quantification approach, the Q.E. methodology …

models of risk preferences — including both expected utility (EU) theory and non-EU models — that have been estimated using …

. This argument is first developed in terms of his moral science conception of economics and General Theory beauty contest … complexity thinking in economics. It argues that that reflexivity is a central feature of the philosophical foundations of … complexity theory, and shows that Keynes employed an understanding of reflexivity in both his philosophical and economic thinking …

methodology, in the internal models approach (IMA) regime where financial institutions (FI's) can choose suitable VaR-ES modelling … value theory (EVT) followed closely by the filtered historical simulation (FHS) are highly accurate methodologies. In …

At least since Leonard Savage’s extension of von Neumann and Morgenstern’s expected utility, rational choice theory has … been interpreted as a theory prescribing what individuals should do in any decision context, ranging from certainty to risk … Savage’s theory totally anticipated today’s criticism …