Harin, Alexander (2011): Theorem of existence of ruptures for mean values on finite numerical segments. Discrete case.
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The proof of the theorem of existence of the ruptures, namely the proof of maximality, is improved. The theorem may be used in economics and explain the well-known problems such as Allais’ paradox. Illustrated examples of ruptures are presented.
|Item Type:||MPRA Paper|
|Original Title:||Theorem of existence of ruptures for mean values on finite numerical segments. Discrete case|
|Keywords:||utility; utility theory; probability; uncertainty; decisions; economics; Allais paradox; risk aversion;|
|Subjects:||D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D81 - Criteria for Decision-Making under Risk and Uncertainty
C - Mathematical and Quantitative Methods > C0 - General
C - Mathematical and Quantitative Methods > C4 - Econometric and Statistical Methods: Special Topics > C44 - Operations Research ; Statistical Decision Theory
G - Financial Economics > G2 - Financial Institutions and Services > G22 - Insurance ; Insurance Companies ; Actuarial Studies
C - Mathematical and Quantitative Methods > C0 - General > C02 - Mathematical Methods
C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General
|Depositing User:||Alexander Harin|
|Date Deposited:||31 Dec 2011 11:41|
|Last Modified:||03 Oct 2016 14:14|
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