03442nam 2200685Ia 450 991045869170332120200520144314.01-281-02822-397866110282200-08-051633-5(CKB)1000000000364545(EBL)226706(OCoLC)467148486(SSID)ssj0000238568(PQKBManifestationID)11218326(PQKBTitleCode)TC0000238568(PQKBWorkID)10222336(PQKB)11344317(MiAaPQ)EBC226706(PPN)170262456(Au-PeEL)EBL226706(CaPaEBR)ebr10128040(CaONFJC)MIL102822(EXLCZ)99100000000036454520040217d2004 uy 0engur|n|---|||||txtccrRisk analysis in theory and practice[electronic resource] /Jean-Paul ChavasAmsterdam ;Boston Elsevier/Butterworth Heinemann ;San Diego, Calif. Elsevier Academic Pressc20041 online resource (257 p.)Academic Press advanced finance seriesDescription based upon print version of record.1-4933-0025-3 0-12-170621-4 Includes bibliographical references (p. 231-235) and index.Front Cover; Risk Analysis in Theory and Practice; Copyright Page; Contents; Chapter 1. Introduction; Chapter 2. The Measurement of Risk; Chapter 3. The Expected Utility Model; Chapter 4. The Nature of Risk Preferences; Chapter 5. Stochastic Dominance; Chapter 6. Mean-Variance Analysis; Chapter 7. Alternative Models of Risk Behavior; Chapter 8. Production Decisions Under Risk; Chapter 9. Portfolio Selection; Chapter 10. Dynamic Decisions Under Risk; Chapter 11. Contract and Policy Design Under Risk; Chapter 12. Contract and Policy Design Under Risk: ApplicationsChapter 13. Market StabilizationAppendix A: Probability and Statistics; Appendix B: Optimization; IndexThe objective of this book is to present this analytical framework and to illustrate how it can be used in the investigation of economic decisions under risk. In a sense, the economics of risk is a difficult subject: it involves understanding human decisions in the absence of perfect information. How do we make decisions when we do not know some of events affecting us? The complexities of our uncertain world and of how humans obtain and process information make this difficult. In spite of these difficulties, much progress has been made. First, probability theory is the corner stone of risk assAcademic Press advanced finance series.RiskEconometric modelsUncertaintyEconometric modelsDecision makingEconometric modelsRiskEconometric modelsProblems, exercises, etcElectronic books.RiskEconometric models.UncertaintyEconometric models.Decision makingEconometric models.RiskEconometric models330/.01/5195Chavas Jean-Paul89219MiAaPQMiAaPQMiAaPQBOOK9910458691703321Risk analysis in theory and practice2144150UNINA