ALLAY 发表于 2025-3-25 06:11:53
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Die Fabrikation des Knochenleims,o define such measures on the space of all random variables. We also give examples that relates the theory of coherent risk measures to game theory and to distorted probability measures. The mathematics are based on the characterisation of closed convex sets . of probability measures that satisfy thconcentrate 发表于 2025-3-25 12:19:04
Die Fabrikation des Knochenleims,hey are closely related to a robust extension of the Savage representation of preferences on a space of financial positions which is due to Gilboa and Schmeidler. We discuss the problem of computing the monetary measure of risk induced by the subjective loss functional which appears in the robust Sa短程旅游 发表于 2025-3-25 18:51:15
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Die Fabrikation des Knochenleims,mon feature that expected returns of a possibly large number of securities satisfy a linear relationship with measures of sensitivity of returns to few common factors. In the CAPM, there is a single factor — the market return — and the pricing relation is exact. In the APT, there are multiple factoroverture 发表于 2025-3-26 00:50:47
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,Übersicht der deutschen Patente,ks. Averaging across the pool of investors we obtain a market asset pricing model that reflects market risk exposures. It is observed on invoking a law of large numbers applied to an infinite population of investors that many personally relevant risk considerations can be eliminated from the marketindenture 发表于 2025-3-26 11:32:14
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https://doi.org/10.1007/978-3-642-85883-3son process. This models in a simplified way liquidity constraints faced in the real world. The agent is trying to maximise the expected discounted utility of consumption, where the utility is CRRA; this is the objective in the classical Merton problem. Unlike that problem, there is no closed-form smyalgia 发表于 2025-3-26 19:45:34
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