Financial leverage can be regarded as an object of choice or a decision. We show how this optics allows perceiving the recently introduced metrics of see-through-leverage, which proved to be very useful in understanding the phenomenology of the recent economic crisis.
The article presents a translation of some widespread financial terminology into the language of decision theory. For instance, financial leverage can be regarded as an object of choice or a decision. We show how the optics of decision theory allows perceiving the recently introduced metrics of see-through-leverage, which proved to be very useful in understanding the phenomenology of the recent economic crisis.
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Financial
The article presents a translation of some widespread financial terminology into the language of decision theory. For instance, financial
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this optics
the optics of decision theory