Search results
Results From The WOW.Com Content Network
Merton's portfolio problem. Merton's portfolio problem is a problem in continuous-time finance and in particular intertemporal portfolio choice. An investor must choose how much to consume and must allocate their wealth between stocks and a risk-free asset so as to maximize expected utility.
The Merton model, [1] developed by Robert C. Merton in 1974, is a widely used "structural" credit risk model. Analysts and investors utilize the Merton model to understand how capable a company is at meeting financial obligations, servicing its debt, and weighing the general possibility that it will go into credit default.
Remember, your risk tolerance is personal. It's important to make decisions that are right for you, not for a friend, family member or social media influencer--even if you trust their advice. If ...
Jadad scale. The Jadad scale, sometimes known as Jadad scoring or the Oxford quality scoring system, is a procedure to assess the methodological quality of a clinical trial by objective criteria. It is named after Canadian - Colombian physician Alex Jadad who in 1996 described a system for allocating such trials a score of between zero (very ...
The California Psychological Inventory (CPI) also known as California Personality Inventory[1] is a self-report inventory created by Harrison G. Gough and currently published by Consulting Psychologists Press. The text containing the test was first published in 1956, and the most recent revision was published in 1996.
Risk perception is the subjective judgement that people make about the characteristics and severity of a risk. [1][2][3] Risk perceptions often differ from statistical assessments of risk since they are affected by a wide range of affective (emotions, feelings, moods, etc.), cognitive (gravity of events, media coverage, risk-mitigating measures ...
Risk aversion (psychology) Risk aversion is a preference for a sure outcome over a gamble with higher or equal expected value. Conversely, rejection of a sure thing in favor of a gamble of lower or equal expected value is known as risk-seeking behavior. The psychophysics of chance induce overweighting of sure things and of improbable events ...
At the heart of the prudential Solvency II directive, the own risk and solvency assessment (ORSA) is defined as a set of processes constituting a tool for decision-making and strategic analysis. It aims to assess, in a continuous and prospective way, the overall solvency needs related to the specific risk profile of the insurance company.