1989 | OriginalPaper | Buchkapitel
Areas of Application
verfasst von : Professor Dr. Hans-Werner Sinn
Erschienen in: Economic Decisions Under Uncertainty
Verlag: Physica-Verlag HD
Enthalten in: Professional Book Archive
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The theory of decision making under uncertainty developed above has a large number of possible applications. Here we consider in more detail three of them only: optimal portfolio management, currency speculation, and insurance demand. These areas of interest seem to be good examples of problems that are difficult to handle with nonstochastic theories.