By Christian Gollier; Abstract: This book updates and advances the theory of expected utility as applied to risk analysis and financial decision. Taking into account recent advances in the economics of risk and uncertainty, equilibrium price of risk and time in an Arrow-Debreu economy; and dynamic. The Economics of Risk and Time. Christian Gollier. The MIT Press. Cambridge An Application: The Cost of Macroeconomic. Risks Conclusion
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The papers focus first on the basic decisions under uncertainty, and then on asset pricing. New articles by this author. Arrow and Anthony C. The Economics of Governance Donald Wittman. Von Neumann and Morgenstern pioneered the use of expected utility theory in the s, but most utility functions used in financial management are still relatively simplistic and assume a mean-variance world.
Journal of Risk and Uncertainty 27 1, Bloggat om The Economics of Risk and Uncertainty.
The Economics of Risk and Uncertainty
Decision-making under scientific uncertainty: Holt and Susan K. New citations to this author.
The Equilibrium Price of Time. The Standard Portfolio Problem. Articles 1—20 Show more.
Empirical International Trade Cheistian M. The Economics of Risk and Time. Milton Friedman and L. Von Neumann and Morgenstern pioneered the use of expected utility theory in the s, but most christiann functions used in financial management are still relatively simplistic and assume Prefaced by an original introduction from the editor, this collection will be valuable for scholars in finance and macroeconomics, particularly those with an interest in the modeling foundations of consumer and investor decisions under uncertainty.
The Economics of Risk and Uncertainty – Christian Gollier – Bok () | Bokus
A Hyperplane Separation Theorem. New articles related to this author’s research. Risk Aversion with Background Risk. Get my own profile Cited by View all All Since Citations h-index 56 37 iindex Check out the top books of the year on our page Best Books of Read, highlight, and take notes, across web, tablet, and phone.
Account Options Sign in. The papers focus first on the basic decisions under uncertainty, and then on asset pricing. My library Help Advanced Book Search. Their combined citations are counted only for the first article. Science, fisk