Описание: Documents two public policy mistakes of the US Government that have been extremely costly. This study puts forth the notion of Social Security as a minimal safety net is consistent with the views of Adam Smith and Friedrich Hayek and that private social security accounts are inefficient and subject to moral hazard and huge productivity losses.
Автор: Christian Gollier; Mark J. Machina Название: Non-Expected Utility and Risk Management ISBN: 9048157994 ISBN-13(EAN): 9789048157990 Издательство: Springer Рейтинг: Цена: 23757.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Expected utility provides simple, testable properties of the optimum behavior that should be displayed by risk-averse individuals in risky decisions. Simultaneously, given the existence of paradoxes under the expected utility paradigm, expected utility can only be regarded as an approximation of actual behavior.
Автор: Ilmanen, Antti Название: Expected returns ISBN: 1119990726 ISBN-13(EAN): 9781119990727 Издательство: Wiley Рейтинг: Цена: 8078.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This comprehensive reference delivers a toolkit for harvesting market rewards from a wide range of investments. Written by a world-renowned industry expert, the reference discusses how to forecast returns under different parameters.
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