Similar Search Results - EconBiz

Paradox-proof utility functions for heavy-tailed payoffs : two instructive two-envelope problems

Powers, Michael R. - In: Risks : open access journal 3 (2015) 1, pp. 26-34

We identify restrictions on a decision maker's utility function that are both necessary and sufficient to preserve dominance reasoning in each of two versions of the Two-Envelope Paradox (TEP). For the classical TEP, the utility function must satisfy a certain recurrence inequality. For the St....

Persistent link: https://www.econbiz.de/10010482072

"Leapfrogging" the variance : the financial management of extreme-event risk

Powers, Michael R. - In: Global risk management : financial, operational, and …, (pp. 39-58). 2002

Persistent link: https://www.econbiz.de/10001748582

Insurance risk, risk measures, and capital allocation : navigating a Copernican shift

Powers, Michael R.; Zanjani, George - In: Annual review of financial economics 5 (2013), pp. 201-223

Persistent link: https://www.econbiz.de/10010341132

Expected worth for 2 × 2 matrix games with variable grid sizes

Powers, Michael R.; Shubik, Martin; Wang, Wen - 2016

Persistent link: https://www.econbiz.de/10011561631

Expected worth for 2 × 2 matrix games with variable grid sizes

Powers, Michael R.; Shubik, Martin; Wang, Wen - 2016 - May 2016, revised October 2016

Persistent link: https://www.econbiz.de/10011561649

Cooperative and noncooperative solutions, and the "game within a game"

Shubik, Martin; Powers, Michael R. - 2016

Persistent link: https://www.econbiz.de/10011561937

Adverse selection or advantageous selection? : risk and underwriting in China's health-insurance market

Gao, Feng; Powers, Michael R.; Wang, Jun - In: Insurance / Mathematics & economics 44 (2009) 3, pp. 505-510

Persistent link: https://www.econbiz.de/10009517612

Market bubbles and wasteful avoidance : tax and regulatory constraints on short sales

Powers, Michael R.; Schizer, David M.; Shubik, Martin - In: Tax law review 57 (2004) 2, pp. 233-274

Persistent link: https://www.econbiz.de/10002225423

A note on a "square-root rule" for reinsurance

Powers, Michael R.; Shubik, Martin - 2005

Persistent link: https://www.econbiz.de/10003000746

Risk transformations, deductibles, and policy limits

Powers, Michael R.; Tzeng, Larry Y. - In: The journal of risk and insurance : the journal of the … 68 (2001) 3, pp. 465-474

Persistent link: https://www.econbiz.de/10001648327

A service of the