Optimal Decision Taking in Economic Risks Conditions

• Authors: Dudzinski P.
• Languages of publication: PL

Abstracts

EN

The paper is concerned with optimal decision choice taking risk into account. There are presented and compared two methods: first is called expected value of the prospect, the second is based on utility theory and is called expected utility of the prospect. Also some applications to insurance and portfolio decisions are shown in the paper.

Keywords

EN

OPTIMAL DECISION CHOICES

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Spółdzielczy Instytut Naukowy G. Bierecki sp.j.
• Journal: Pieniądze i Więź
• Year: 2006
• Volume: 9
• Issue: 2-3(31-32)
• Pages: 45-53
• Document type: ARTICLE

Contributors

author

Dudzinski P.

• P. Dudzinski, Uniwersytet Gdanski, ul. Bazynskiego 1a, 80-952 Gdansk, Poland

Identifiers

CEJSH db identifier

08PLAAAA04829176