DocumentCode
1731991
Title
Multidimensional possibilistic risk aversion
Author
Georgescu, Irina ; Kinnunen, Jani
Author_Institution
Dept. of Economic Cybern., Acad. of Economic Studies, Bucharest, Romania
fYear
2010
Firstpage
163
Lastpage
168
Abstract
In this paper the notion of generalized possibilistic risk premium is introduced as a measure of the risk aversion of an agent faced with several components of possibilistic risk. The main result of the paper is a formula for the calculation of the generalized possibilistic risk premium expressed in terms of a utility function and of some possibilistic indicators.
Keywords
possibility theory; risk analysis; utility theory; generalized possibilistic risk premium; multidimensional possibilistic risk aversion; possibilistic indicators; utility function; Biological system modeling; Mathematical model; Nickel; Possibility theory; Probabilistic logic; Random variables; Uncertainty;
fLanguage
English
Publisher
ieee
Conference_Titel
Computational Intelligence and Informatics (CINTI), 2010 11th International Symposium on
Conference_Location
Budapest
Print_ISBN
978-1-4244-9279-4
Electronic_ISBN
978-1-4244-9280-0
Type
conf
DOI
10.1109/CINTI.2010.5672253
Filename
5672253
Link To Document