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RISK PREFERENCE ESTIMATION IN THE NONLINEAR MEAN STANDARD DEVIATION APPROACH

✍ Scribed by ATANU SAHA


Book ID
110929490
Publisher
Oxford University Press
Year
1997
Tongue
English
Weight
974 KB
Volume
35
Category
Article
ISSN
0095-2583

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πŸ“œ SIMILAR VOLUMES


An Improved Approach for Estimating the
✍ HON-SHIANG LAU; AMY HING-LING LAU; YUE ZHANG πŸ“‚ Article πŸ“… 1997 πŸ› John Wiley and Sons 🌐 English βš– 236 KB πŸ‘ 2 views

The literature oers many formulas for estimating the mean and standard deviation of a subjective probability distribution (a well-known example is the PERT formulas). This paper shows that some basic underlying assumptions behind most of these formulas are inappropriate; a more appropriate framework