Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Download Independent Increases In Risk And Their Comparative Statics full books in PDF, epub, and Kindle. Read online Independent Increases In Risk And Their Comparative Statics ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author : Helei Qu
Publisher :
ISBN 13 :
Total Pages : 188 pages
Book Rating : 4.3/5 (129 download)
Download or read book Independent Increases in Risk and Their Comparative Statics written by Helei Qu and published by . This book was released on 1994 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jack A. Meyer
Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.3/5 ( download)
Download or read book Risk Altering Transformations and Their Comparative Statics written by Jack A. Meyer and published by . This book was released on 1984 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Kee Nam Cheung
Publisher :
ISBN 13 :
Total Pages : 19 pages
Book Rating : 4.:/5 (256 download)
Download or read book Increasing Risk written by Kee Nam Cheung and published by . This book was released on 1993 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Larry G. Epstein
Publisher :
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.3/5 (9 download)
Download or read book Multivariate Risk Independence and Functional Forms for Preferences and Technologies written by Larry G. Epstein and published by . This book was released on 1978 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Hailin Sun
Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (13 download)
Download or read book Change in Risk and Bargaining Game written by Hailin Sun and published by . This book was released on 2013 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the comparative statics regarding changes in risk on Nash's solution to bargaining games with stochastic outcome and disagreement points. When absolute risk tolerance is linear with constant slope, the Nash's solution to bargaining with risky outcomes and risky disagreement points can be viewed as division of divisible certainty equivalent between two risk-averse agents. We show that whether a deterioration of a bargainer's risky prospect is advantageous to his opponent often depends on whether preference displays decreasing absolute risk aversion (DARA). Specifically, for perfectly correlated risky prospects, DARA à la Arrow-Pratt works to the concavity of the joint certainty equivalent with respect to a bargainer's initial wealth or size of risky exposure; for independent risky prospects, DARA à la Ross vulnerates his risk bearing under Rothschild-Stiglitz increase in risk taking the form of adding an independent noise, both leading to the bargainer's increased propensity for risk aversion as well as the joint size of the pie. These results illuminate how individual risky prospect as well as risk preference influence the cooperating partners' income shares and thus the market equilibrum of marriage formation. We also show that this result is robust under Rubinstein's non-cooperative bargaining game.
Author :
Publisher :
ISBN 13 :
Total Pages : 564 pages
Book Rating : 4.F/5 ( download)
Download or read book Dissertation Abstracts International written by and published by . This book was released on 2003 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Steinar Ekern
Publisher :
ISBN 13 :
Total Pages : 13 pages
Book Rating : 4.:/5 (249 download)
Download or read book Generalized Comparative Statics and Risk Aversion written by Steinar Ekern and published by . This book was released on 1978 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Georges Dionne
Publisher : Springer Science & Business Media
ISBN 13 : 9401006423
Total Pages : 980 pages
Book Rating : 4.4/5 (1 download)
Download or read book Handbook of Insurance written by Georges Dionne and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 980 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1970's, the research agenda in insurance was dominated by optimal insurance coverage, security design, and equilibrium under conditions of imperfect information. The 1980's saw a growth of theoretical developments including non-expected utility, price volatility, retention capacity, the pricing and design of insurance contracts in the presence of multiple risks, and the liability insurance crisis. The empirical study of information problems, financial derivatives, and large losses due to catastrophic events dominated the research agenda in the 1990's. The Handbook of Insurance provides a single reference source on insurance for professors, researchers, graduate students, regulators, consultants, and practitioners, that reviews the research developments in insurance and its related fields that have occurred over the last thirty years. The book starts with the history and foundations of insurance theory and moves on to review asymmetric information, risk management and insurance pricing, and the industrial organization of insurance markets. The book ends with life insurance, pensions, and economic security. Each chapter has been written by a leading authority in insurance, all contributions have been peer reviewed, and each chapter can be read independently of the others.
Author : Rafaela Hillerbrand
Publisher : Springer Science & Business Media
ISBN 13 : 9400714335
Total Pages : 1209 pages
Book Rating : 4.4/5 (7 download)
Download or read book Handbook of Risk Theory written by Rafaela Hillerbrand and published by Springer Science & Business Media. This book was released on 2012-01-12 with total page 1209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk has become one of the main topics in fields as diverse as engineering, medicine and economics, and it is also studied by social scientists, psychologists and legal scholars. But the topic of risk also leads to more fundamental questions such as: What is risk? What can decision theory contribute to the analysis of risk? What does the human perception of risk mean for society? How should we judge whether a risk is morally acceptable or not? Over the last couple of decades questions like these have attracted interest from philosophers and other scholars into risk theory. This handbook provides for an overview into key topics in a major new field of research. It addresses a wide range of topics, ranging from decision theory, risk perception to ethics and social implications of risk, and it also addresses specific case studies. It aims to promote communication and information among all those who are interested in theoetical issues concerning risk and uncertainty. This handbook brings together internationally leading philosophers and scholars from other disciplines who work on risk theory. The contributions are accessibly written and highly relevant to issues that are studied by risk scholars. We hope that the Handbook of Risk Theory will be a helpful starting point for all risk scholars who are interested in broadening and deepening their current perspectives.
Author : Gyemyung Choi
Publisher :
ISBN 13 :
Total Pages : 208 pages
Book Rating : 4.3/5 (129 download)
Download or read book Comparative Statics Under Uncertainty for Decision Models with More Than One Choice Variable written by Gyemyung Choi and published by . This book was released on 1992 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Sabine Roeser
Publisher : Springer Science & Business Media
ISBN 13 : 9400714327
Total Pages : 1209 pages
Book Rating : 4.4/5 (7 download)
Download or read book Handbook of Risk Theory written by Sabine Roeser and published by Springer Science & Business Media. This book was released on 2012 with total page 1209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk has become one of the main topics in fields as diverse as engineering, medicine and economics, and it is also studied by social scientists, psychologists and legal scholars. But the topic of risk also leads to more fundamental questions such as: What is risk? What can decision theory contribute to the analysis of risk? What does the human perception of risk mean for society? How should we judge whether a risk is morally acceptable or not? Over the last couple of decades questions like these have attracted interest from philosophers and other scholars into risk theory. This handbook provides for an overview into key topics in a major new field of research. It addresses a wide range of topics, ranging from decision theory, risk perception to ethics and social implications of risk, and it also addresses specific case studies. It aims to promote communication and information among all those who are interested in theoetical issues concerning risk and uncertainty. This handbook brings together internationally leading philosophers and scholars from other disciplines who work on risk theory. The contributions are accessibly written and highly relevant to issues that are studied by risk scholars. We hope that the Handbook of Risk Theory will be a helpful starting point for all risk scholars who are interested in broadening and deepening their current perspectives.
Author : Edward E. Schlee
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Increased Risk Bearing with Background Risk written by Edward E. Schlee and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many analyses of risk taking behavior assume that an agent faces only a single risk. Typically, however, an agent faces many risks simultaneously, and the interaction between risks may well affect how much of any particular risk an agent should bear. Ross (1981) and Kihlstrom, Romer, and Williams (1981) showed that the comparative statics of increased risk aversion in the two asset portfolio model are not robust to the addition of background risk, even under strong independence assumptions between the risks. In this paper we give sufficient and necessary conditions on changes in a risky asset's distribution that increase risk taking in the presence of background risk. We find that the comparative statics of changes in risk are fairly robust to background risk. We present results for changes in each of the conditional distributions of the primary risk (keeping the marginal distribution of the background risk fixed) and for changes in the marginal distribution of the primary risk (keeping each conditional distribution of the background risk fixed). For the former question a modification of Gollier's (1995) Linear Stochastic Dominance is necessary and sufficient; for the latter Monotone Likelihood Ratio Dominance is necessary and sufficient. We also consider other applications, including the two risky asset portfolio problem.
Author : John Winsor Pratt
Publisher : MIT Press
ISBN 13 : 9780262161442
Total Pages : 906 pages
Book Rating : 4.1/5 (614 download)
Download or read book Introduction to Statistical Decision Theory written by John Winsor Pratt and published by MIT Press. This book was released on 1995 with total page 906 pages. Available in PDF, EPUB and Kindle. Book excerpt: They then examine the Bernoulli, Poisson, and Normal (univariate and multivariate) data generating processes.
Author : Christian Gollier
Publisher : MIT Press
ISBN 13 : 9780262572248
Total Pages : 492 pages
Book Rating : 4.5/5 (722 download)
Download or read book The Economics of Risk and Time written by Christian Gollier and published by MIT Press. This book was released on 2001 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: Updates and advances the theory of expected utility as applied to risk analysis and financial decision making.
Author :
Publisher :
ISBN 13 :
Total Pages : 800 pages
Book Rating : 4.3/5 (91 download)
Download or read book American Doctoral Dissertations written by and published by . This book was released on 1994 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John Eatwell
Publisher : Springer
ISBN 13 : 1349117218
Total Pages : 869 pages
Book Rating : 4.3/5 (491 download)
Download or read book The New Palgrave Dictionary of Money and Finance written by John Eatwell and published by Springer. This book was released on 1992-10-14 with total page 869 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first reference work ever to be awarded the Eccles Prize for Excellence in Economic Writing from Columbia Business School. Continuing in the tradition of The New Palgrave , this 3-volume set provides an unparalleled guide to modern money, banking and finance. In over 1,000 substantial essays by leading academic and professional authorities, it provides the most comprehensive analysis available of contemporary theory and the fast-evolving global monetary and financial framework. In its scope and depth of coverage, it is indispensable for the academic and practitioner alike.
Author : Ian Jewitt
Publisher :
ISBN 13 :
Total Pages : 37 pages
Book Rating : 4.:/5 (792 download)
Download or read book Comparative Statics with Multiple Sources of Risk written by Ian Jewitt and published by . This book was released on 1984 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:
