DocumentCode
2805439
Title
Mixed risk aversion: Probabilistic and possibilistic aspects
Author
Georgescu, I.
Author_Institution
Dept. of Economic Cybern., Acad. of Economic Studies, Bucharest, Romania
fYear
2011
fDate
27-29 Jan. 2011
Firstpage
279
Lastpage
283
Abstract
In this paper we introduce mixed risk premium, a notion which combines probabilistic and possibilistic aspects. This way the risk aversion of an agent faced with a situation of uncertainty with several parameters is modeled, among which some are probabilistic and some are possibilistic. The main result of the paper is a formula for the calculation of the mixed risk aversion. Our model can be applied for the study of risk aversion in grid computing.
Keywords
grid computing; grid computing; mixed risk aversion; mixed risk premium; possibilistic aspects; probabilistic aspects; Biological system modeling; Fuzzy sets; Grid computing; Possibility theory; Probabilistic logic; Random variables; Uncertainty;
fLanguage
English
Publisher
ieee
Conference_Titel
Applied Machine Intelligence and Informatics (SAMI), 2011 IEEE 9th International Symposium on
Conference_Location
Smolenice
Print_ISBN
978-1-4244-7429-5
Type
conf
DOI
10.1109/SAMI.2011.5738889
Filename
5738889
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