'Absolute risk aversion' diaporamas de présentation

LECTURE 2 : UTILITY AND RISK AVERSION

LECTURE 2 : UTILITY AND RISK AVERSION. (Asset Pricing and Portfolio Theory). Contents. Introduction to utility theory Relative and absolute risk aversion Different forms of utility functions Empirical evidence How useful are the general findings ? Equity premium puzzle

866 views • 46 slides

LECTURE 2 : UTILITY AND RISK AVERSION

LECTURE 2 : UTILITY AND RISK AVERSION. (Asset Pricing and Portfolio Theory). Contents. Introduction to utility theory Relative and absolute risk aversion Different forms of utility functions Empirical evidence How useful are the general findings ? Equity premium puzzle

646 views • 45 slides

Risk

Prerequisites. Almost essential Consumption and Uncertainty. Risk. MICROECONOMICS Principles and Analysis Frank Cowell. November 2006. Risk and uncertainty. In dealing with uncertainty a lot can be done without introducing probability. Now we introduce a specific probability model

456 views • 45 slides

Last Day

605 views • 32 slides

Microfoundations of Financial Economics 2004-2005 2 Choices under uncertainty - Equilibrium

312 views • 31 slides

Introduction to Financial Economics

Introduction to Financial Economics. Lecture Notes 4 Ch.4-Lengwiler. Overview of the Course. Introduction- Finance and Economic theory- general equilibrium and macroeconomic foundations. Contingent Claim Economies - Commodity spaces, preferences, general equilibrium, representative agents.

330 views • 26 slides

492 views • 25 slides