Uncertainty as an ingredient in financial modeling

Oberwolfach'tan

Uncertainty as an ingredient in financial modeling

Uncertainty – as opposed to risk – is used to describe events to which we are not able to assign a probability due to lack of information. Instead of assigning a probability to an uncertain event, we only assume that such an event is possible or that its probability is within some range. We illustrate the effects of the inclusion of uncertainty in modeling by looking at simple cases of an optimal investment problem.

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Matematiksel konular

Olasılık Kuramı ve İstatistik

Diğer alanlarla ilişkiler

Finans
Beşeri ve Sosyal Bilimler

Yazar(lar)

Ralf Korn

Lisans

DOI (Dijital nesne belirteci)

10.14760/SNAP-2024-004-EN

PDF indir

snapshot-2024-004.pdf

PDF

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Matematiksel konular

Cebir ve Sayılar Kuramı
Analiz
Eğitim ve Eğitim Bilimi
Ayrık Matematik ve Matematiğin Temelleri
Geometri ve Topoloji
Nümerik ve Hesap Analizi
Olasılık Kuramı ve İstatistik

Diğer alanlarla ilişkiler

Kimya ve Yer Bilimler
Bilgisayar Bilimeri
Mühendislik ve Teknoloji
Finans
Beşeri ve Sosyal Bilimler
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Fizik
Matematik Üzerine Düşünceler

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