Artículos relacionados a Stochastic Dominance: Investment Decision Making Under...
Stochastic Dominance: Investment Decision Making Under Uncertainty: v. 12 (Studies in Risk and Uncertainty) - Tapa dura
Sinopsis
This book is devoted to investment decision-making under uncertainty. The book covers three basic approaches to this process: The stochastic dominance approach; the mean-variance approach; and the non-expected utility approach, focusing on prospect theory and its modified version, cumulative prospect theory. These approaches are discussed and compared in this book. In addition, this volume examines cases in which stochastic dominance rules coincide with the mean-variance rule and cases in which contradictions between these two approaches may occur. It then discusses the relationship between stochastic dominance rules and prospect theory, and establishes a new investment decision rule which combines the two and which we call prospect stochastic dominance. Although all three approaches are discussed, most of the book is devoted to the stochastic dominance paradigm. This book is intended for Ph.D students, advanced MBA students specializing in finance, and advanced MA economics students interested in the economics of uncertainty. The book can be used as a supplementary book in post-graduate courses on portfolio selection and investment decision-making under uncertainty.
"Sinopsis" puede pertenecer a otra edición de este libro.
Reseña del editor
This book is devoted to investment decision-making under uncertainty. The book covers three basic approaches to this process: The stochastic dominance approach; the mean-variance approach; and the non-expected utility approach, focusing on prospect theory and its modified version, cumulative prospect theory. These approaches are discussed and compared in this book. In addition, this volume examines cases in which stochastic dominance rules coincide with the mean-variance rule and cases in which contradictions between these two approaches may occur. It then discusses the relationship between stochastic dominance rules and prospect theory, and establishes a new investment decision rule which combines the two and which we call prospect stochastic dominance. Although all three approaches are discussed, most of the book is devoted to the stochastic dominance paradigm. This book is intended for Ph.D students, advanced MBA students specializing in finance, and advanced MA economics students interested in the economics of uncertainty. The book can be used as a supplementary book in post-graduate courses on portfolio selection and investment decision-making under uncertainty.
Biografía del autor
Haim Levy is Miles Robinson Professor of Business Administration at the Hebrew University of Jerusalem and Dean of the Academic Center of Law and Business, Israel. The author of hundreds of articles in leading academic journals and about twenty books, he has obtained the ranking of the most prolific researcher in finance in the world covering the forty years through 1986 and the most prolific researcher in finance in the world in the core sixteen finance journals covering the fifty-year period through 2005. A co-author with Nobel Laureates Harry Markowitz and Paul Samuelson, Professor Levy's major research contributions have been to the field of stochastic dominance, which sets forth the criteria for decision making under conditions of uncertainty, in both expected utility and prospect theory paradigms. He has also developed economic models for equilibrium asset pricing in an imperfect market. Professor Levy received the Hebrew University's Prize for Excellence in Research in 1996 and the Emet Prize in 2006. He has served as economic adviser to the Bank of Israel and held a University Professor position at the University of Florida and visiting academic positions at the University of California, Berkeley and the Wharton School, University of Pennsylvania. He received his Ph.D. from the Hebrew University in 1969 and has held a full professorship there since 1976.
"Sobre este título" puede pertenecer a otra edición de este libro.
Resultados de la búsqueda para Stochastic Dominance: Investment Decision Making Under...
Imagen del vendedor
Stochastic Dominance. Investment Decision Making under Uncertainty (Studies in Risk and Uncertainty Vol. 12)
Librería: Buchkanzlei, Bremen, Alemania
Calificación del vendedor: 5 de 5 estrellas
Hardcover. Condición: Akzeptabel. 391 pp. Cover discolored at spine. Name on endpaper, otherwise well preserved inside 378 Sprache: Englisch Gewicht in Gramm: 1032. Nº de ref. del artículo: 39946
Comprar usado
EUR 60,40
Envío por EUR 33,00
Se envía de Alemania a Estados Unidos de America
Se envía de Alemania a Estados Unidos de America
Cantidad disponible: 1 disponibles
Imagen de archivo
Stochastic Dominance: Investment Decision Making under Uncertainty (Studies in Risk and Uncertainty Vol. 12) Haim Levy
Librería: BUCHSERVICE / ANTIQUARIAT Lars Lutzer, Wahlstedt, Alemania
Calificación del vendedor: 5 de 5 estrellas
Condición: gut. 1998. Stochastic Dominance: Investment Decision Making under Uncertainty (Studies in Risk and Uncertainty Vol. 12) In englischer Sprache. pages. Nº de ref. del artículo: BN548683
Comprar usado
EUR 199,90
Envío por EUR 39,95
Se envía de Alemania a Estados Unidos de America
Se envía de Alemania a Estados Unidos de America
Cantidad disponible: 1 disponibles