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- W2991762763 abstract "Confronting risky situations is a feature of any decision making, in general, but, especially for specialized decision making contexts. Risk aversion concentrates the problems of modeling individual preferences. Models can grasp with accuracy and largely enough the fundamental human tendencies. As consequence, understanding economic behavior confronted to risk might be understood. Modeling market forecasting activities is possible based on “marginal consumer”. Thus, the vague use of mathematical instruments is necessary, but not enough as condition to develop an economic analysis. A historical approach of risk analysis might bring an idea regarding the development of the concept instruments used today when analyzing “risky choices”" @default.
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- W2991762763 date "2016-01-01" @default.
- W2991762763 modified "2023-10-08" @default.
- W2991762763 title "Risk Aversion and Individual Preferences Modelling" @default.
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