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Rules for Ordering Uncertain Prospects
Josef Hadar,William R Russell +1 more
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This article is published in The American Economic Review.The article was published on 1969-01-01 and is currently open access. It has received 1748 citations till now.read more
Citations
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An Experimental Study of Risk Aversion in Decision-making Under Uncertainty
TL;DR: In this article, the authors present the findings of an experimental study of risk aversion in decision-making under uncertainty, where subjects determined the certainty-equivalent wealth of each gamble, measured by the Markowitz risk premium of the decision.
Journal ArticleDOI
A Goal Seeking Investment Model
TL;DR: In this paper, a probabilistic investment model is formulated as a Wiener process with a barrier, where a planning horizon, targeted rate of return, discount rate, and the mean and variance rate of returns are the important parameters in the model.
Dissertation
Allocation de ressources et ordonnancement multi-utilisateurs : une approche basée sur l'équité
TL;DR: Une nouvelle classe de problemes : celle des ordonnancements multi-utilisateurs, aborde the notion d’equite au travers of problemes d”allocation de ressources sous incertitudes et d“ordonnancement de tâches periodiques”.
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Analyzing tenure arrangements and crop rotations using farm simulation and probit analysis
TL;DR: In addition, government farm prohole farm simulation analysis and econ- gram and income tax considerations were excluded from the analyses as discussed by the authors and were employed in an analy- metric technique.
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The Effects of Sampling Fluctuations on the Required Inputs of Security Analysis
TL;DR: In this article, it was found that a minimum number of 30 historical observations was required to yield efficient portfolio performance characteristics and that changing the length of the observation will change these variance ratios for many assets.
References
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Book
Theory of Games and Economic Behavior
TL;DR: Theory of games and economic behavior as mentioned in this paper is the classic work upon which modern-day game theory is based, and it has been widely used to analyze a host of real-world phenomena from arms races to optimal policy choices of presidential candidates, from vaccination policy to major league baseball salary negotiations.
Journal ArticleDOI
Admissibility and Measurable Utility Functions
James P. Quirk,Rubin Saposnik +1 more
Book ChapterDOI
Ordered Families of Distributions
TL;DR: In this article, a comparison is made of several definitions of ordered sets of distributions, some of which were introduced earlier by the author [7], [8] and by Rubin [10], and the results are applied to obtaining tests that give a certain guaranteed power with a minimum number of observations.
Journal ArticleDOI
Dynamic Inventory Policy with Varying Stochastic Demands
TL;DR: In this article, a dynamic inventory model is formulated in which the demand distributions may change from period to period, and the optimal policy at each stage is characterized by a single critical number which also could vary in successive periods.