Dependence of the Optimal Risk Control Decisions on the Terminal Value for a Financial Corporation.
Michael I. TaksarPublished in: Ann. Oper. Res. (2000)
Keyphrases
- decision making
- optimal control
- risk management
- decision makers
- optimal solution
- control system
- risk neutral
- portfolio optimization
- risk averse
- control problems
- risk analysis
- conditional expectation
- dynamic programming
- control method
- investment decisions
- risk evaluation
- high risk
- control policy
- closed form
- control theory
- risk factors
- decision process
- financial crisis
- control strategy
- stock market
- financial risk