Nov 16, 2014 · The standard probabilistic setting requires translating the loss in a catastrophic event including the loss of human lives into although very ...
A nonstandard probabilistic setting for modeling of the risk of catastrophic events is presented. It allows random variables to take on infinitely large ...
Oct 22, 2024 · Grechuk and Zabarankin (2014) provide an approach to model the risk of catastrophic events, such as a man-made disaster, specifically for the ...
Downloadable (with restrictions)! A nonstandard probabilistic setting for modeling of the risk of catastrophic events is presented.
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Risk Averse Decision Making Under Catastrophic Risk,. Link. http://www ... Catastrophe Risk Management · E-Forum. Related Organizations. International ...
A nonstandard probabilistic setting for modeling of the risk of catastrophic events is presented. It allows random variables to take on infinitely large ...
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The decisions of risk-averse, risk-neutral, and risk-seeing utility maximizers tend to converge in catastrophe prone situations.
Risk averse decision making under catastrophic risk ; Year of publication: 2014 ; Authors: Grechuk, Bogdan ; Zabarankin, Michael ; Published in: European journal ...
One suggested effect of introducing an explicit risk aversion factor is to promote a more uniform management of catastrophic risks. Perhaps the most striking ...