Making inflexible investment decisions with incomplete information
نویسندگان
چکیده
منابع مشابه
Consumer information search when making investment decisions
We discuss the characteristics of investment decisions and identify the factors that affect consumers’ information search behavior when they make investment decisions. Using the 2000 to 2001 MacroMonitor data set, we find that subjective knowledge, amount of investment, risk tolerance, age, education, and income influence both the extent of information search and the use of specific information...
متن کاملDecision Making with Incomplete Information
The research described in this paper aims at facilitating the process of drawing conclusions while working with incomplete information. The approach is based on formal concept analysis and six valued logic. The Armstrong axioms are further applied to obtain knowledge in cases with incomplete information. Key–Words: Formal concept analysis, incomplete information, logic
متن کاملInvestment Timing Under Incomplete Information
We study the decision of when to invest in an indivisible project whose value is perfectly observable but driven by a parameter that is unknown to the decision maker ex ante. This problem is equivalent to an optimal stopping problem for a bivariate Markov process. Using filtering and martingale techniques, we show that the optimal investment region is characterised by a continuous and non-decre...
متن کاملFuzzy multi-criteria decision making method based on fuzzy structured element with incomplete weight information
The fuzzy structured element (FSE) theory is a very useful toolfor dealing with fuzzy multi-criteria decision making (MCDM)problems by transforming the criterion value vectors of eachalternative into the corresponding criterion function vectors. Inthis paper, some concepts related to function vectors are firstdefined, such as the inner product of two function vectors, thecosine of the included ...
متن کاملMaking smart investment decisions in clinical research
UNLABELLED A recent trial in rheumatoid arthritis found an inexpensive, but infrequently used, combination of therapies is neither inferior nor less safe than an expensive biologic drug. If the trial had been conducted over 10 years ago, arguably 100's of millions of dollars since spent on biologics could have been released to other, more effective treatments. Given the ever increasing number o...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Computers & Mathematics with Applications
سال: 1992
ISSN: 0898-1221
DOI: 10.1016/0898-1221(92)90202-s