Similarities between Expected utility hypothesis and Risk aversion
Expected utility hypothesis and Risk aversion have 20 things in common (in Unionpedia): Affine transformation, Ambiguity aversion, Behavioral economics, Concave function, Cumulative prospect theory, Daniel Kahneman, Economics, Expected utility hypothesis, Expected value, Isoelastic utility, Loss aversion, Marginal utility, Modern portfolio theory, Prospect theory, Risk premium, St. Petersburg paradox, Statistical risk, The American Economic Review, Uncertainty, Variance.
Affine transformation
In geometry, an affine transformation, affine mapBerger, Marcel (1987), p. 38.
Affine transformation and Expected utility hypothesis · Affine transformation and Risk aversion ·
Ambiguity aversion
In decision theory and economics, ambiguity aversion (also known as uncertainty aversion) is a preference for known risks over unknown risks.
Ambiguity aversion and Expected utility hypothesis · Ambiguity aversion and Risk aversion ·
Behavioral economics
Behavioral economics studies the effects of psychological, cognitive, emotional, cultural and social factors on the economic decisions of individuals and institutions and how those decisions vary from those implied by classical theory.
Behavioral economics and Expected utility hypothesis · Behavioral economics and Risk aversion ·
Concave function
In mathematics, a concave function is the negative of a convex function.
Concave function and Expected utility hypothesis · Concave function and Risk aversion ·
Cumulative prospect theory
Cumulative prospect theory (CPT) is a model for descriptive decisions under risk and uncertainty which was introduced by Amos Tversky and Daniel Kahneman in 1992 (Tversky, Kahneman, 1992).
Cumulative prospect theory and Expected utility hypothesis · Cumulative prospect theory and Risk aversion ·
Daniel Kahneman
Daniel Kahneman (דניאל כהנמן; born March 5, 1934) is an Israeli-American psychologist notable for his work on the psychology of judgment and decision-making, as well as behavioral economics, for which he was awarded the 2002 Nobel Memorial Prize in Economic Sciences (shared with Vernon L. Smith).
Daniel Kahneman and Expected utility hypothesis · Daniel Kahneman and Risk aversion ·
Economics
Economics is the social science that studies the production, distribution, and consumption of goods and services.
Economics and Expected utility hypothesis · Economics and Risk aversion ·
Expected utility hypothesis
In economics, game theory, and decision theory the expected utility hypothesis, concerning people's preferences with regard to choices that have uncertain outcomes (gambles), states that if specific axioms are satisfied, the subjective value associated with an individual's gamble is the statistical expectation of that individual's valuations of the outcomes of that gamble.
Expected utility hypothesis and Expected utility hypothesis · Expected utility hypothesis and Risk aversion ·
Expected value
In probability theory, the expected value of a random variable, intuitively, is the long-run average value of repetitions of the experiment it represents.
Expected utility hypothesis and Expected value · Expected value and Risk aversion ·
Isoelastic utility
In economics, the isoelastic function for utility, also known as the isoelastic utility function, or power utility function is used to express utility in terms of consumption or some other economic variable that a decision-maker is concerned with.
Expected utility hypothesis and Isoelastic utility · Isoelastic utility and Risk aversion ·
Loss aversion
In cognitive psychology and decision theory, loss aversion refers to people's tendency to prefer avoiding losses to acquiring equivalent gains: it is better to not lose $5 than to find $5.
Expected utility hypothesis and Loss aversion · Loss aversion and Risk aversion ·
Marginal utility
In economics, utility is the satisfaction or benefit derived by consuming a product; thus the marginal utility of a good or service is the change in the utility from an increase in the consumption of that good or service.
Expected utility hypothesis and Marginal utility · Marginal utility and Risk aversion ·
Modern portfolio theory
Modern portfolio theory (MPT), or mean-variance analysis, is a mathematical framework for assembling a portfolio of assets such that the expected return is maximized for a given level of risk.
Expected utility hypothesis and Modern portfolio theory · Modern portfolio theory and Risk aversion ·
Prospect theory
Prospect theory is a behavioral economic theory that describes the way people choose between probabilistic alternatives that involve risk, where the probabilities of outcomes are known (.
Expected utility hypothesis and Prospect theory · Prospect theory and Risk aversion ·
Risk premium
For an individual, a risk premium is the minimum amount of money by which the expected return on a risky asset must exceed the known return on a risk-free asset in order to induce an individual to hold the risky asset rather than the risk-free asset.
Expected utility hypothesis and Risk premium · Risk aversion and Risk premium ·
St. Petersburg paradox
The St.
Expected utility hypothesis and St. Petersburg paradox · Risk aversion and St. Petersburg paradox ·
Statistical risk
Statistical risk is a quantification of a situation's risk using statistical methods.
Expected utility hypothesis and Statistical risk · Risk aversion and Statistical risk ·
The American Economic Review
The American Economic Review is a peer-reviewed academic journal of economics.
Expected utility hypothesis and The American Economic Review · Risk aversion and The American Economic Review ·
Uncertainty
Uncertainty has been called "an unintelligible expression without a straightforward description".
Expected utility hypothesis and Uncertainty · Risk aversion and Uncertainty ·
Variance
In probability theory and statistics, variance is the expectation of the squared deviation of a random variable from its mean.
Expected utility hypothesis and Variance · Risk aversion and Variance ·
The list above answers the following questions
- What Expected utility hypothesis and Risk aversion have in common
- What are the similarities between Expected utility hypothesis and Risk aversion
Expected utility hypothesis and Risk aversion Comparison
Expected utility hypothesis has 77 relations, while Risk aversion has 78. As they have in common 20, the Jaccard index is 12.90% = 20 / (77 + 78).
References
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