This book is devoted to investment decision-making under uncertainty. The book covers three basic approaches to this process: the stochastic dominance approach; the mean-variance approach; and the non-expected utility approach, focusing on prospect theory and its modified version, cumulative prospect theory. Each approach is discussed and compared. In addition, this volume examines cases in which stochastic dominance rules coincide with the mean-variance rule and considers how contradictions between these two approaches may occur.
發表於2025-01-08
Stochastic Dominance 2025 pdf epub mobi 電子書 下載
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Stochastic Dominance 2025 pdf epub mobi 電子書 下載