Concluding Remarks

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

Abstract

In [20], p. 137, Diamond and Stiglitz state that risk theory focuses on two main issues: the first one is to study the case when ”one situation is riskier than another” and the second one is to analyze when ”one individual is more risk averse than another”.

Keywords

Utility Function Risk Aversion Fuzzy Number Risk Premium Expected Utility 
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