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Please use this identifier to cite or link to this item: http://hdl.handle.net/2192/283

 
Title: Consistent Risk Acceptance Criteria through Networks
Authors: Cerqueti, Roy
Lupi, Claudio
Keywords: Risk acceptance
networks
decision theory
expected utility
insurance
Issue Date: 20-Apr-2015
Abstract: In decision theory projects are usually evaluated in terms of their riskiness, and often decision under risk is intended as the one-shot-type binary choice of accepting or not accepting the risk. This paper elaborates on the concept of risk acceptance, and aims at developing a theoretical framework based on networks theory. In doing this, the interconnections between the random quantities involved in the decision are taken into account. The conditions to be satisfied in order for the risk-accep
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URI: http://hdl.handle.net/2192/283
Appears in Collections:4 - REPEC
Econpapers

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