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Economic and Financial Decisions Under Risk - 05 edition

Economic and Financial Decisions Under Risk (ISBN10: 0691122156; ISBN13: 9780691122151)
ISBN13: 978-0691122151
ISBN10: 0691122156

This edition has also been released as:
ISBN13: 978-0691096551
ISBN10: 0691096554

Summary: This book represents a concise summary of basic multiperiod decision-making under risk. Its detailed coverage of a broad range of topics is ideally suited for use in advanced undergraduate and introductory graduate courses either as a self-contained text, or the introductory chapters combined with a selection of later chapters can represent core reading in courses on macroeconomics, insurance, portfolio choice, or asset pricing." The authors start with the funda ...show morementals of risk measurement and risk aversion. They then apply these concepts to insurance decisions and portfolio choice in a one-period model. After examining these decisions in their one-period setting, they devote most of the book to a multiperiod context, which adds the long-term perspective most risk management analyses require. Each chapter concludes with a discussion of the relevant literature and a set of problems. ...show less

Edition/Copyright: 05
Cover: Paperback
Publisher: Princeton University Press
Published: 01/03/2005
International: No



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