E-Book, Englisch, 248 Seiten, EPUB
E-Book, Englisch, 248 Seiten, EPUB
ISBN: 978-1-4008-2921-7
Verlag: De Gruyter
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)
The authors start with the fundamentals 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.
The book presents a thoroughly accessible introduction to risk, bridging the gap between the traditionally separate economics and finance literatures.