2 citations · 2 across the 6 of their papers we have counts for
4 papers · 1 filter
Expected utility operators and coinsurance problem
Irina Georgescu
The expected utility operators introduced in a previous paper, offer a framework for a general risk aversion theory, in which risk is modelled by a fuzzy number . In this paper…
The interest rate for saving as a possibilistic risk
Irina Georgescu, Jani Kinnunen
In the paper there is studied an optimal saving model in which the interest-rate risk for saving is a fuzzy number. The total utility of consumption is defined by using a concept o…
A portfolio choice problem in the framework of expected utility operators
Irina Georgescu, Louis Aimé Fono
Possibilistic risk theory starts from the hypothesis that risk is modelled by fuzzy numbers. In particular, in a possibilistic portfolio choice problem, the return of a risky asset…
How the investor's risk preferences influence the optimal allocation in a credibilistic portfolio problem
Irina Georgescu, Jani Kinnunen
A classical portfolio theory deals with finding the optimal proportion in which an agent invests a wealth in a risk-free asset and a probabilistic risky asset. Formulating and solv…