Environment, Uncertainty, and Option Values
نویسندگان
چکیده
2.1 THE BASIC FRAMEWORK....................................................................................................................... 4 2.2 RISK AVERSION.................................................................................................................................... 5 2.3 THE VALUE OF CHANGES IN RISK .......................................................................................................... 6 2.4 AGGREGATION OVER INDIVIDUALS....................................................................................................... 9 2.5 THE COST OF RISK BEARING................................................................................................................ 12 2.6 OPTION PRICES AND OPTION VALUES.................................................................................................. 16 2.7 PRICE UNCERTAINTY ......................................................................................................................... 18
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