Multidimensional Possibilistic Risk Aversion

Chapter
Part of the Studies in Fuzziness and Soft Computing book series (STUDFUZZ, volume 274)

Abstract

Most often situations of uncertainty from economic world have a high degree of complexity and several risk parameters. In a probabilistic modeling of such a situation of uncertainty these risk parameters are represented by a random vector. The study of multidimensional risk aversion by probabilistic methods appears in several papers [27], [49], [50], [54].

Keywords

Utility Function Weighting Function Risk Aversion Fuzzy Number Random Vector 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Springer-Verlag GmbH Berlin Heidelberg 2012

Authors and Affiliations

  1. 1.Department of Economic CyberneticsAcademy of Economic StudiesBucharestRomania

Personalised recommendations