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fields: location theory and optimization. Written by leading researchers and practitioners in these fields, each chapter …
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Prices of contracts with risky aspects are typically linked to specific uncertainties and probabilities of adverse scenarios. Insurance companies carry the risk of losses in exchange for a premium, which depends on the loss distribution. Another example where risk is exchanged for a fixed price...
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Deconstruction for Mathematical Prediction -- Singularity and Chaos Theory -- The Mathematical Solution -- Universal Risk Management …
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