兰州大学学报：社会科学版
蘭州大學學報：社會科學版
란주대학학보：사회과학판
Journal of Lanzhor University(Social Sciences)
2014年
3期
102~110
,共null页
不确定性 决策模型 中性风险 单向风险 投资低限
不確定性 決策模型 中性風險 單嚮風險 投資低限
불학정성 결책모형 중성풍험 단향풍험 투자저한
uncertainty; strategic decision model; risk-neutral; unidirectional risk; minimum attractive rate of returnon investment
从风险互抵性和阶段性的不同视角,对投资领域中的风险进行了两种分类.第一种分类甄别出有别于中性风险的单向风险,第二种分类明确了多阶段风险演化的部分马尔科夫性质.文章对几组与风险相关的概念进行了价值层面的辨析,提出了非中性风险条件下“以投资低限为目标的决策分析”和“单向风险补偿定价模型”的构想.
從風險互牴性和階段性的不同視角,對投資領域中的風險進行瞭兩種分類.第一種分類甄彆齣有彆于中性風險的單嚮風險,第二種分類明確瞭多階段風險縯化的部分馬爾科伕性質.文章對幾組與風險相關的概唸進行瞭價值層麵的辨析,提齣瞭非中性風險條件下“以投資低限為目標的決策分析”和“單嚮風險補償定價模型”的構想.
종풍험호저성화계단성적불동시각,대투자영역중적풍험진행료량충분류.제일충분류견별출유별우중성풍험적단향풍험,제이충분류명학료다계단풍험연화적부분마이과부성질.문장대궤조여풍험상관적개념진행료개치층면적변석,제출료비중성풍험조건하“이투자저한위목표적결책분석”화“단향풍험보상정개모형”적구상.
Due to the netting and phasic nature of risks, risks in the investment field can be roughly divided into two categories. The first category is distinctive from unidirectional, subject to a risk-neutral condition; the second category demonstrates the nature of semi-Markov resulting from the evolution of multi-phasic risks. This paper makes cross-sectional analysis of risk-related sets of values and comes up with the conceptions of ＂strategy analysis based on minimum attractive rate of return on investment＂ and ＂pricing model for unidirectional risk compensation＂ under non-risk neutral condition.
