Sumários

Bond pricing in the multi-period binomial model

26 Setembro 2024, 13:00 Szabolcs Sebestyén


The binomial model
  • Basics
  • The one-period binomial model
  • Derivative pricing in the one-period binomial model
  • The multi-period binomial model

Choice theory, utility functions, and risk aversion

24 Setembro 2024, 13:00 Szabolcs Sebestyén


Problem set 1

Choice theory, utility functions, and risk aversion

19 Setembro 2024, 13:00 Szabolcs Sebestyén


Risk aversion
  • Constant absolute risk aversion
  • Constant relative risk aversion
  • Quadratic utility

Choice theory, utility functions, and risk aversion

17 Setembro 2024, 13:00 Szabolcs Sebestyén


Risk aversion
  • How to measure risk aversion
  • Interpreting risk aversion
  • Risk premium and certainty equivalent

Choice theory, utility functions, and risk aversion

12 Setembro 2024, 13:00 Szabolcs Sebestyén


An introduction to choice theory
  • Dominance
  • Choice theory under certainty
  • Choice theory under uncertainty
  • How restrictive is expected utility theory? The Allais paradox
Risk aversion