Applications of Contingent Claims Theory to Microeconomic Problems
Author: David A. Hennessy
Publisher:
Published: 1993
Total Pages: 320
ISBN-13:
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Author: David A. Hennessy
Publisher:
Published: 1993
Total Pages: 320
ISBN-13:
DOWNLOAD EBOOKAuthor: David A. Hennessy
Publisher: Center for Agricultural & Rural Development
Published: 1995
Total Pages: 114
ISBN-13:
DOWNLOAD EBOOKAuthor: Iowa State University. Center for Agricultural and Rural Development
Publisher:
Published: 1994
Total Pages: 248
ISBN-13:
DOWNLOAD EBOOKAuthor: Antonio Villar
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 166
ISBN-13: 3642457118
DOWNLOAD EBOOKPresentation Many economic problems, as equilibrium models, input-output analysis, rational behaviour, etc. , are usually modelled in terms of operators in Euclidean spaces. This monograph deals with the analysis of a number of formal problems involving this kind of operators (with particular reference to complementarity problems and variational inequalities), and their applications to distributive problems and equilibrium models. Thus the purpose of this work is to provide a set of new results on the solvability of those problems, and a number of economic applications that will illustrate the interest of these results in economics. It is worth stressing from the very begining that our analysis concentrates on the existence (and in some cases optimality) of solutions. That is what is meant here by solvability (in particular, nothing will be said with respect to the uniqueness, stability, sensitivity analysis or computation of solutions). The results on the solvability of operator problems presented here, were actually arrived at as a way of solving specific economic models. Yet we are going to relate this case by somehow reversing the way it happened, that is, starting with the formal results and then presenting a number of economic models which appear as applications of VIII these formal results. The rationale for this approach is twofold. First, it provides a neat track via which to go through the whole work. Then, because I would like to emphasize the interest of complementarity and variational inequalities problems in economic modelling.
Author: Christian Gollier
Publisher: MIT Press
Published: 2001
Total Pages: 492
ISBN-13: 9780262572248
DOWNLOAD EBOOKUpdates and advances the theory of expected utility as applied to risk analysis and financial decision making.
Author: Iowa State University. Center for Agricultural and Rural Development
Publisher:
Published: 1999
Total Pages: 44
ISBN-13:
DOWNLOAD EBOOKAuthor: Yacov Y. Haimes
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 574
ISBN-13: 3642573118
DOWNLOAD EBOOKDuring the past two decades, the consideration of mUltiple objectives in modeling and decision making has grown by leaps and bounds. The nineties in particular have seen the emphasis shift from the dominance of single-objective modeling and optimization toward an emphasis on multiple objectives. The proceedings of this Conference epitomize these evolutionary changes and contribute to the important role that the tield of multiple criteria decision making (MCDM) now plays in planning, design, operational, management, and policy decisions. Of special interest are the contributions of MCDM to manufacturing engineering. For example, it has recently been recognized that optimal, single-objective solutions have often been pursued at the expense of the much broader applicability of designs and solutions that satisfy multiple objectives. In particular, the theme (MCDM and Its Worldwide Role in Risk-Based Decision Making) of the XIVth International Conference on Multiple Criteria Decision Making (Charlottesville, Virginia, USA, June 8-12, 1998) represents the growing importance of risk-cost-benefit analysis in decision making and in engineering design and manufacturing. In such systems, minimizing the of rare and extreme events emerges as an essential objective that risk complements the minimization of the traditional expected value of risk, along with the objectives attached to cost and performance. These proceedings include forty-five papers that were presented at the Conference. A variety of techniques have been proposed for solving multiple criteria decision-making problems. The emphasis and style of the different techniques largely reflect the fields of expertise of their developers.
Author:
Publisher:
Published: 1993
Total Pages: 704
ISBN-13:
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