Georgescu, Irina , Kinnunen, Jani , DalKwack, K , Kawata, S , Hwang, S , Han, D , Ko, F

No

2012 7th International Conference On Computing And Convergence Technology (iccct2012)

Proceedings Paper

Científica

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✗

01/01/2012

000324412800067

This paper proposes an approach to possibilistic risk aversion by means of probabilistic concepts. A notion of probabilistic risk premium is defined as the probabilistic risk premia associated with the uniform distributions on the level sets of a fuzzy number. We prove an approximate computation formula for this indicator and a Pratt-type theorem to compare two agents' possibilistic risk aversions.

Possibilistic risk aversion; Pratt theorem; probability theory