Slide 1Risk & Uncertainty in Decision Making Slide 2 Topics to be discussed Describing & Differentiating Risk from Uncertainty Role of Risk in Crime Deterrence Preferences…

Slide 1Chapter 11 Choices Involving Risk McGraw-Hill/Irwin Copyright © 2008 by The McGraw-Hill Companies, Inc. All Rights Reserved. Slide 2 Main Topics What is a risk? Risk…

Slide 1T7.1 H&N, Ch. 7 Chapter Outline 7.1Risk Aversion and Demand for Insurance by Individuals The Effects of Insurance on Wealth Risk Aversion Other Factors Affecting…

1. LemonsMay 8, 2013 2. Announcements• Midterms passed back at end of class.• Assuming exams passed back this week, come to myoffice hours Friday11am-1pm if you think…

Slide 1 Chapter 9 Asset Pricing Slide 2 Chapter 9 Outline 2 9.1 The Efficient Frontier The role of risk The efficient frontier with risk- free borrowing and lending Risk-free…

Fall 2008 Version Professor Dan C. Jones FINA 4355 Class Problem Risk Management and Insurance: Perspectives in a Global Economy 19. The Economic Foundations of Insurance…

Why Do Interest Rates Change? Chapter 4 © 2012 Pearson Education. All rights reserved. Chapter Preview In the early 1950s, short-term Treasury bills were yielding about…

Uncertainty and Consumer Behavior Chapter 5 Uncertainty and Consumer Behavior In order to compare the riskiness of alternative choices, we need to quantify risk. We will…

Chapter 5 The Time Value of Money Chapter 9 Asset Pricing Chapter 9 Outline 2 The efficient frontier, which is the set of assets that offer the best opportunities in terms…

Fall 2008 Version Professor Dan C. Jones FINA 4355 Class Problem Risk Management and Insurance: Perspectives in a Global Economy 19. The Economic Foundations of Insurance…