| Título |
Optimal saving and prudence in a possibilistic framework |
| Autores |
LUCIA CASADEMUNT, ANA MARÍA, Georgescu I. |
| Publicación externa |
No |
| Medio |
Adv. Intell. Sys. Comput. |
| Alcance |
Article |
| Naturaleza |
Científica |
| Web |
https://www.scopus.com/inward/record.uri?eid=2-s2.0-84891060103&doi=10.1007%2f978-3-319-00551-5_8&partnerID=40&md5=c609b666c96de5e2f8e13e47ce265b44 |
| Fecha de publicacion |
01/01/2013 |
| Scopus Id |
2-s2.0-84891060103 |
| DOI |
10.1007/978-3-319-00551-5_8 |
| Abstract |
In this paper we study the optimal saving problem in the framework of possibility theory. The notion of possibilistic precautionary saving is introduced as a measure of the way the presence of risk (represented by a fuzzy number) influences a consumer in establishing the level of optimal saving. The equivalence between the prudence condition (in the sense of Kimball) and a positive possibilistic precautionary saving is proved. Some relations between possibilistic risk aversion, prudence and possibilistic precautionary saving are established. © Springer International Publishing Switzerland 2013. |
| Palabras clave |
Artificial intelligence; Fuzzy sets; Risk assessment; Fuzzy numbers; Possibilistic; Possibility theory; Precautionary saving; Prudence; Risk aversion; Optimization |
| Miembros de la Universidad Loyola |
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