Risk aversion — is a concept in psychology, economics, and finance, based on the behavior of humans (especially consumers and investors) while exposed to uncertainty. Risk aversion is the reluctance of a person to accept a bargain with an uncertain payoff rather … Wikipedia
Risk premium — 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. Thus it is… … Wikipedia
Interest rate — Finance Financial markets Bond market … Wikipedia
Loss function — In statistics and decision theory a loss function is a function that maps an event onto a real number intuitively representing some cost associated with the event. Typically it is used for parameter estimation, and the event in question is some… … Wikipedia
Rank-dependent expected utility — The rank dependent expected utility model (originally called anticipated utility) is a generalized expected utility model of choice under uncertainty, designed to explain the behaviour observed in the Allais paradox, as well as for the… … Wikipedia
Extreme value theory — is a branch of statistics dealing with the extreme deviations from the median of probability distributions. The general theory sets out to assess the type of probability distributions generated by processes. Extreme value theory is important for… … Wikipedia
Bayesian game — In game theory, a Bayesian game is one in which information about characteristics of the other players (i.e. payoffs) is incomplete. Following John C. Harsanyi s framework, a Bayesian game can be modelled by introducing Nature as a player in a… … Wikipedia
Friedman-Savage utility function — The Friedman Savage utility function is the theory that Milton Friedman and Leonard J. Savage put forth in their 1948 paper [ Utility Analysis of Choices Involving Risk with Leonard Savage, 1948, Journal of Political Economy Vol. 56, No. 4 (Aug … Wikipedia
Portfolio — A grouping of financial assets such as stocks, bonds and cash equivalents, as well as their mutual, exchange traded and closed fund counterparts. Portfolios are held directly by investors and/or managed by financial professionals. Prudence… … Investment dictionary
Army of Shadows — Infobox Film name = Army of Shadows caption = 2006 theatrical release poster director = Jean Pierre Melville producer = Jacques Dorfmann writer = Jean Pierre Melville Joseph Kessel (novel) narrator = starring = Lino Ventura Simone Signoret Paul… … Wikipedia