Essays about: "Ellsberg paradox"

Found 2 essays containing the words Ellsberg paradox.

1. 1. Downside Risk, Upside Uncertainty and Portfolio Selection

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Taras Prykhodko; [2010]
   Keywords : Asset allocation; Risk and uncertainty; Portfolio theory; The St. Petersburg Paradox; The Allais Paradox; The Ellsberg Paradox.;

   Abstract : The traditional portfolio optimization models make predictions about investors´ behavior that deviate from the empirical observations. This thesis develops a simple model for the asset allocation under risk and uncertainty. READ MORE

3. 2. Decision under uncertainty : Investment in a human resource

   University essay from Blekinge Tekniska Högskola/Institutionen för ekonomi och samhällsvetenskap

   Author : Emil Numminen & Fredrik Falkenback; [2003]
   Keywords : Decision under uncertainty; Traditional decision analysis; Real option analysis; Expected monetary value; EMV; Certainty monetary equivalent; CME; Expected opportunity loss; EOL; Ellsberg paradox; Bayes theorem; Decision tree; decision matrix; states; events; strategies;

   Abstract : Title: Decision under uncertainty - Investment in a human resource Authors: Emil Numminen & Fredrik Falkenback Thesis advisor: Anders Hederstierna Purpose: To determine how well models for decisions under uncertainty can describe an investment in a human resource. Method: A standardized structured expert interview with a decision maker of human resources investments was made. READ MORE