Teaching assistant

Applied risk analysis (Spring 2019)

Discussion session

(It is my responsibility to decide on the contents.)

Date Contents Files
Feb 1
  • Review of probability theory
Feb 8
  • The expected utility hypothesis
  • The existence of probability distribution
  • Elicitation of probabilities
  • The existence of utility function
  • Elicitation of preferences
  • Solver in Excel
[Solver demo]
Feb 15
  • Risk premium
  • Risk aversion
  • CARA and DARA
Feb 22
  • Stochastic dominance