alibris logo

Sequential Binary Investment Decisions: A Bayesian Approach

by

This book describes some models from the theory of investment which are mainly characterized by three features. Firstly, the decision-maker acts in a dynamic environment. Secondly, the distributions of the random variables are only incompletely known at the beginning of the planning process. This is termed as decision-making under conditions of uncer- tainty. Thirdly, in large parts of the work we restrict the analysis to binary decision models. In a binary model, the decision-maker must choose one of two actions. For ...

loading
  • Book Details
  • Seller
Sequential Binary Investment Decisions: A Bayesian Approach
1988, Springer, Berlin, Heidelberg

ISBN-13: 9783540500346

Trade paperback

Filter Results
Shipping
Item Condition
Seller Rating
Other Options
Change Currency