Risk Preference and Survival Dynamics

Transmission Dynamics of Malaria in Human Host: a Neuro-Fuzzy Approach

Cost-effectiveness of preference-based antithrombotic therapy for patients with nonvalvular atrial fibrillation.

BACKGROUND AND PURPOSE Recent atrial fibrillation guidelines recommend the incorporation of patient preferences into the selection of antithrombotic therapy. However, no trial has examined how incorporating such preferences would affect quality-adjusted survival or medical expenditure. We compared 10-year projections of quality-adjusted survival and medical expenditure associated with two atria...

Risk preference, forecasting accuracy and survival dynamics: Simulations based on a multi-asset agent-based artificial stock market ?

The relevance of risk preference and forecasting accuracy to the survival of investors is an issue that has recently attracted a number of recent theoretical studies. At one extreme, it has been shown that risk preference can be entirely irrelevant, and that in the long run what distinguishes the agents who survive from those who vanish is just their forecasting accuracy. Being in line with the...

Estimating the Dynamics of Information Risk at the Tehran Stock Exchange

The aim of this study is to investigate the dynamics of information risk at the Tehran Stock Exchange (TSE). We estimated the daily probability of information based trade (PIN) for 22 stocks from 11 different industries of TSE over 4 years. The total average of the daily PIN for all stocks was 27% from 2013 to 2016. The lowest and the highest average of PIN estimates for individual stocks are 2...

On the Role of Risk Preference in Survivability

Using an agent-based multi-asset artificial stock market, we simulate the survival dynamics of investors with different risk preferences. It is found that the survivability of investors is closely related to their risk preferences. Among the eight types of investors considered in this paper, only the CRRA investors with RRA coefficients close to one can survive in the long run. Other types of a...