APM  Vol.1 No.2 , March 2011
Endogenous Risk Measures
Author(s) Moawia Alghalith
ABSTRACT
We present a methodology that allows endogenous derivation of the moments of the probability distributions. In doing so, we, present an alternative objective function and alternative concept of risk aversion. In addition, we show that the risk measure depends on the preferences. Moreover, we show that a higher level of risk aversion yields higher values of the risk measure.

Cite this paper
nullM. Alghalith, "Endogenous Risk Measures," Advances in Pure Mathematics, Vol. 1 No. 2, 2011, pp. 28-29. doi: 10.4236/apm.2011.12007.
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