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Modeling uncertain outcomes

In: Modeling, Measuring And Managing Risk

Author

Listed:
  • Georg Ch PfIug

    (University of Vienna, Austria)

  • Werner Römisch

    (Humboldt-University Berlin, Germany)

Abstract

The following sections are included:The three M's of decision making under uncertaintyProbability models and scenario distributionsDistribution functions and quantile functionsJoint distributions and couplingsUtility functions and order relationsCompoundingStandard statistical parametersLocation parametersDispersion parametersCorrelation parameters

Suggested Citation

  • Georg Ch PfIug & Werner Römisch, 2007. "Modeling uncertain outcomes," World Scientific Book Chapters, in: Modeling, Measuring And Managing Risk, chapter 1, pages 1-25, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789812708724_0001
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