Are you an EPFL student looking for a semester project?
Work with us on data science and visualisation projects, and deploy your project as an app on top of Graph Search.
Lecture
Expected Utility and Risk-Aversion: Theoretical Foundations
Description
This lecture covers the theoretical foundations of expected utility and risk-aversion, including the Von Neumann-Morgenstern theorem, Allais Paradox, and insurance premium calculations with negative exponential utility. It also explores the concepts of second-order stochastic dominance and optimal portfolio choice in asset pricing.
Official source
About this result
This page is automatically generated and may contain information that is not correct, complete, up-to-date, or relevant to your search query. The same applies to every other page on this website. Please make sure to verify the information with EPFL's official sources.