Investors differ in how they approach risk, and these approaches influence their decision-making and portfolio strategies. Risk-neutral investors focus solely on the potential returns of an investment ...
Let’s continue our exploration of risk by taking a peak at the so-called risk-neutral businesses. Unlike the risk-averse companies we discussed in the first part of this series, this class of ...
The objective of this paper is to investigate and compare the relationship between risk-neutral and risk-averse newsvendor problems under three different decision criteria: expected utility (EU) ...