Skip to main content

Save up to 20% on Elsevier print and eBooks with free shipping. No promo code needed.

Save up to 20% on print and eBooks.

Financial Decision Making Under Uncertainty

1st Edition - September 28, 1977

Author: ANDERSON ANDERSON WEBSTER

Language: English
eBook ISBN:
9 7 8 - 1 - 4 8 3 2 - 9 4 9 9 - 5

Financial Decision Making under Uncertainty presents the increasing application of the approach to financial decision making under uncertain to a myriad of practical problems. This… Read more

Financial Decision Making Under Uncertainty

Purchase options

LIMITED OFFER

Save 50% on book bundles

Immediately download your ebook while waiting for your print delivery. No promo code is needed.

Institutional subscription on ScienceDirect

Request a sales quote
Financial Decision Making under Uncertainty presents the increasing application of the approach to financial decision making under uncertain to a myriad of practical problems. This book provides information pertinent to the fundamental aspects of financial theory. Organized into five parts encompassing 13 chapters, this book begins with an overview of formulating a problem as a linear program. This text then discusses the highlights of the theoretical and empirical analysis and then uses the same analytical framework to obtain results on the effect of inflation on the market price of risk. Other chapters consider meaningful utility functions for individual households that can be combined to construct an aggregate demand function for risky assets. This book discusses as well the formulation of the capital expenditure problems. The final chapter examines the case where the regulatory constraint is continuously enforced. This book is a valuable resource for advanced undergraduate and graduate students in financial theory.