Stochastic Dominance and Applications to Finance, Risk and Economics - Couverture souple

Sriboonchita, Songsak; Wong, Wing-keung; Dhompongsa, Sompong; Nguyen, Hung T.

 
9781138117990: Stochastic Dominance and Applications to Finance, Risk and Economics
Couverture souple
ISBN 10 : 1138117994 ISBN 13 : 9781138117990
Editeur : Chapman and Hall/CRC, 2017

Synopsis

Drawing from many sources in the literature, Stochastic Dominance and Applications to Finance, Risk and Economics illustrates how stochastic dominance (SD) can be used as a method for risk assessment in decision making. It provides basic background on SD for various areas of applications.

Useful Concepts and Techniques for Economics Applications

The majority of the text presents a systematic exposition of SD, emphasizing rigor and generality. It covers utility theory, multivariate SD, quantile functions, risk modeling, Choquet integrals, other risk measures, statistical inference, nonparametric estimation, hypothesis testing, and econometrics. The remainder of the book explores new applications of SD in finance, risk, and economics. At the beginning of each economic concept, the authors clearly explain only the necessary mathematics so readers are not overburdened with learning nonessential, arduous mathematics.

This accessible guide helps readers build a useful repertoire of mathematical tools in decision making under uncertainty, especially in investment science. It provides thorough coverage on the theory of SD, along with many applications to economics and other fields where risk is crucial.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l?auteur

Songsak Sriboonchitta is an associate professor and dean of the Faculty of Economics at Chiang Mai University in Thailand.

Wing-Keung Wong is a professor of economics at Hong Kong Baptist University in China.

Sompong Dhompongsa is a professor of mathematics at Chiang Mai University in Thailand.

Hung T. Nguyen is a professor of mathematical sciences at New Mexico State University in Las Cruces.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Chapman and Hall/CRC
Date d'édition
2017
Langue
anglais
ISBN 10 
1138117994
ISBN 13 
9781138117990
Reliure
Broché
Nombre de pages
455
Coordonnées du fabricant
non disponible
Personne responsable
gpsr@libri.de
gpsr@libri.de

Friedensallee 273
Hamburg
22763
Allemagne

Autres éditions populaires du même titre

9781420082661: Stochastic Dominance and Applications to Finance, Risk and Economics

Edition présentée

ISBN 10 :  1420082663 ISBN 13 :  9781420082661
Editeur : Chapman & Hall/CRC, 2009
Couverture rigide