Risk analysis in theory and practice
- ISBN: 9780121706210
- Editorial: Academic Press, Inc.
- Fecha de la edición: 2004
- Lugar de la edición: London. None
- Colección: Academic Press Advanced Finance Series
- Encuadernación: Cartoné
- Medidas: 23 cm
- Nº Pág.: 247
- Idiomas: Inglés
Applied Risk Analysis explores the role of risk in resource allocation. It covers conceptual and empirical analyses of economic behavior under risk and the implications of risk for management and policy decisions. Special attention is given to the role of imperfect information in the decision-making process of private agents. The book also discusses the importance of risk in the design and evaluation of public institutions. ÍNDICE 01.Introduction 02.The measurement of risk. 03.The expected utility model. 04.The nature of risk preferences. 05.Stochastic dominance.06.Mean-variance analysis. 07.Alternative models of risk behavior. 08.Production decisions under risk. 09.Portfolio selection. 10.Dynamic decisions under risk. 11.Contract and policy design under risk. 12.Contract and policy design under risk : applications. 13.Market stabilization.
