JOURNAL ARTICLE
Cite JOURNAL ARTICLE
Style
Format
Shortfall-Risiko / Excess-Chance-Entscheidungskalküle
Grundlagen und Beziehungen zum Bernoulli-Prinzip
Albrecht, Peter | Maurer, Raimond | Möller, Matthias
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 118 (1998), Iss. 2 : pp. 249–274
2 Citations (CrossRef)
Additional Information
Article Details
Albrecht, Peter
Maurer, Raimond
Möller, Matthias
Cited By
-
Erfolgsfaktor Risiko-Management 3.0
Risiko-Management in Projekten
Romeike, Frank | Hager, Peter2013
https://doi.org/10.1007/978-3-8349-3812-1_11 [Citations: 0] -
Erfolgsfaktor Risiko-Management 4.0
Risiko-Management in Projekten
Romeike, Frank | Hager, Peter2020
https://doi.org/10.1007/978-3-658-29446-5_12 [Citations: 0]
Abstract
In the present paper decision models are examined which are based on the quantification of shortfall risk and as well excess chance with respect to a (financial) target. The focus of the paper is on the utility theoretic foundation of the respective models on the basis of the von Neuman- Morgenstern approach. A number of special cases of the general model conception are analysed in detail and as well economic applications treated in the literature are presentetd.