How Risky is a Random Process?
Published By: Centre for Development Economics - Delhi School of | Published Date: January, 13 , 2016The riskiness of random processes is compared by (a) employing a
decision-theoretic equivalence between processes and lotteries on path spaces to identify the riskiness of the former with that of the latter, and (b) using the theory of comparative riskiness of lotteries over vector
spaces to compare the riskiness of lotteries on a given path-space.
Author(s): Sudhir A. Shah | Posted on: May 26, 2016 | Views() | Download (140)