Risk measures on networks and expected utility
نویسندگان
چکیده
منابع مشابه
Expected Utility and Risk on Stochastic Social Influence Networks
Expected utility and risk analysis for stochastic influence networks requires accounting for the complex interconnections between agents as well as between agents and stochastic phenomena. Conditional game theory provides a framework within which to study expected utility and risk for such networks. Key features of this approach are a) mechanism for modulating individual preferences in response...
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This reading describes how people’s aversion to risk affects the decisions they make about investment. Basically, the concepts used to do this analysis emerge naturally when people have expected utility preferences, but not otherwise. So, it illustrates one important way that expected utility is applied. This analysis also makes it possible to illustrate how to do comparative statics. Comparati...
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ژورنال
عنوان ژورنال: Reliability Engineering & System Safety
سال: 2016
ISSN: 0951-8320
DOI: 10.1016/j.ress.2016.04.017