| Description |
x, 234 pages : illustrations ; 24 cm |
| Contents |
1. Risk aversion -- 2. The measures of risk -- 3. Insurance decisions -- 4. Static portfolio choices -- 5. Static portfolio choices in an Arrow-Debreu economy -- 6. Consumption and saving -- 7. Dynamic portfolio management -- 8. Risk and information -- 9. Optimal prevention -- 10. Efficient allocations of risks -- 11. Asset pricing -- 12. Asymmetric information -- 13. Alternative decision criteria |
| Summary |
"This book represents a concise summary of basic multiperiod decision-making under risk. Its detailed coverage of a broad range of topics is ideally suited for use in advanced undergraduate and introductory graduate courses either as a self-contained text, or the introductory chapters combined with a selection of later chapters can represent core reading in courses on macroeconomics, insurance, portfolio choice, or asset pricing." "The authors start with the fundamentals of risk measurement and risk aversion. They then apply these concepts to insurance decisions and portfolio choice in a one-period model. After examining these decisions in their one-period setting, they devote most of the book to a multiperiod context, which adds the long-term perspective most risk management analyses require. Each chapter concludes with a discussion of the relevant literature and a set of problems."--BOOK JACKET |
| Bibliography |
Includes bibliographical references and index |
| Subject |
Risk.
|
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Risk assessment.
|
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Risk management.
|
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Finance -- Decision making.
|
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Economics -- Decision making.
|
| Author |
Gollier, Christian.
|
|
Schlesinger, Harris.
|
| LC no. |
2004058689 |
| ISBN |
0691096554 cloth alkaline paper |
|
0691122156 paperback alkaline paper |
|
