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dc.contributor.authorKorn, Ralf
dc.contributor.editorDominko Kobilica, Natan
dc.contributor.editorRandecker, Anja
dc.date.accessioned2024-12-17T11:07:09Z
dc.date.available2024-12-17T11:07:09Z
dc.date.issued2024-12-17
dc.identifier.urihttp://publications.mfo.de/handle/mfo/4189
dc.description.abstractUncertainty - as opposed to risk - is used to describe events to which we are not able to assign a probability due to lack of information. Instead of assigning a probability to an uncertain event, we only assume that such an event is possible or that its probability is within some range. We illustrate the effects of the inclusion of uncertainty in modeling by looking at simple cases of an optimal investment problem.en_US
dc.language.isoenen_US
dc.publisherMathematisches Forschungsinstitut Oberwolfachen_US
dc.relation.ispartofseriesSnapshots of modern mathematics from Oberwolfach;2024-04
dc.rightsAttribution-ShareAlike 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by-sa/4.0/*
dc.titleUncertainty as an Ingredient in Financial Modelingen_US
dc.typeArticleen_US
dc.identifier.doi10.14760/SNAP-2024-004-EN
local.series.idSNAP-2024-004-ENen_US
local.subject.snapshotProbability Theory and Statisticsen_US
dc.identifier.ppn1912905183


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Attribution-ShareAlike 4.0 International
Except where otherwise noted, this item's license is described as Attribution-ShareAlike 4.0 International