Subject category:
Economics, Politics and Business Environment
Published by:
IESE Business School
Version: 07.1998
Length: 17 pages
Topics:
Decision analysis
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Abstract
This technical note studies how to analyse a decision when there is risk. It introduces the utility curve or attitude to risk, showing how this curve can be made explicit and how it can be used to make decisions. This note was previously numbered 199-005-6.
About
Abstract
This technical note studies how to analyse a decision when there is risk. It introduces the utility curve or attitude to risk, showing how this curve can be made explicit and how it can be used to make decisions. This note was previously numbered 199-005-6.