Risk Modeling for Determining Value and Decision Making
Publisher: Chapman & Hall/CRC
Published: May 17, 2000
Language: eng
Format: Hardcover
Number of pages: 336
ISBN-13: 9781584881674
Subjects: Mathematical modelling; Risk assessment & analysis for business; Value; Risk And Insurance Administration; Business & Economics; Business / Economics / Finance; Statistics; Science/Mathematics; Statistical methods; Risk assessment; Accounting - General; Decision Making & Problem Solving; Mathematics / Statistics; Management - General; Decision making
First sentence: Classical solution of a decision tree involves beginning at the "end" leaf nodes and multiplying leaf-node values by branch probabilities.