A countable stage, countable state, finite action decision problem is considered where the objective is the maximization of the expectation of an arbitrary utility function defined on the sequence of ...
Suppose we know the utility function of a risk averse decision maker who values a risky prospect X at a price C E. Based on this information alone I develop upper bounds for the tails of the ...
Researchers thought that they were five years away from solving a math riddle from the 1980's. In reality, and without knowing, they had nearly cracked the problem and had just given away much of the ...
David is comprehensively experienced in many facets of financial and legal research and publishing. As an Investopedia fact checker since 2020, he has validated over 1,100 articles on a wide range of ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results