Advice about Decisions

2020 ◽  
pp. 178-195
Author(s):  
Paul Weirich
Keyword(s):  
Risk Evaluation ◽  
Inductive Risk ◽  
Special Cases ◽  
Financial Planners ◽  
Mean Risk

Professionals, such as financial planners, may advise their clients or, with authorization, make decisions for their clients. A typical goal is an act that the client may perform if rational and informed. Mean-risk evaluation of acts assists a professional with this goal. Using it, a professional may evaluate an act by calculating for the client an informed attitude to the act’s risk and an informed attitude to the act’s consequences ignoring the act’s risk. In special cases, nonquantitative analogues of mean-risk evaluation apply. The method’s separation of probability assignments by a professional and utility assignments by a client does not create a separation of fact and value that neglects inductive risk.

Return-Risk Evaluation of Investments

2020 ◽  
pp. 161-177
Author(s):  
Paul Weirich
Keyword(s):  
At Risk ◽  
Probability Distribution ◽  
Value At Risk ◽  
Risk Evaluation ◽  
Expected Return ◽  
Factors Affecting ◽  
Special Cases ◽  
Mean Risk

In finance, a common way of evaluating an investment uses the investment’s expected return and the investment’s risk, in the sense of the investment’s volatility, or exposure to chance. A version of this method derives from a general mean-risk evaluation of acts, under the assumption that only money, risk, and their sources matter. Although the method does not require a measure of risk, finance investigates measures of risks to assist evaluations of risks. An investment creates possible returns, and the variance of the probability distribution of their utilities is a measure of the investment’s risk. This measure neglects some factors affecting an investment’s risk, and so is satisfactory only in special cases. Another measure of risk is known as value-at-risk, or VAR. It also neglects some factors affecting an investment’s risk, and so should be restricted to special cases.

scholarly journals Convex approximations for two-stage mixed-integer mean-risk recourse models with conditional value-at-risk

2019 ◽  
Vol 181 (2) ◽  
pp. 473-507 ◽  
Author(s):  
E. Ruben van Beesten ◽  
Ward Romeijnders
Keyword(s):  
At Risk ◽  
Error Bounds ◽  
Value At Risk ◽  
Risk Measure ◽  
Mixed Integer ◽  
Conditional Value At Risk ◽  
Two Stage ◽  
Special Cases ◽  
Integer Recourse ◽  
Mean Risk

Abstract In traditional two-stage mixed-integer recourse models, the expected value of the total costs is minimized. In order to address risk-averse attitudes of decision makers, we consider a weighted mean-risk objective instead. Conditional value-at-risk is used as our risk measure. Integrality conditions on decision variables make the model non-convex and hence, hard to solve. To tackle this problem, we derive convex approximation models and corresponding error bounds, that depend on the total variations of the density functions of the random right-hand side variables in the model. We show that the error bounds converge to zero if these total variations go to zero. In addition, for the special cases of totally unimodular and simple integer recourse models we derive sharper error bounds.

Electron Beam Damage of Biomolecules Assessed by Energy Loss Spectroscopy

1978 ◽  
Vol 36 (3) ◽  
pp. 61-69
Author(s):  
M. Isaacson ◽  
M.L. Collins ◽  
M. Listvan
Keyword(s):  
Electron Microscopy ◽  
Radiation Damage ◽  
Structural Integrity ◽  
Analytical Electron Microscopy ◽  
High Dose ◽  
Dose Rates ◽  
Special Cases ◽  
Analytical Electron ◽  
Atom Migration ◽  
Beam Damage

Over the past five years it has become evident that radiation damage provides the fundamental limit to the study of blomolecular structure by electron microscopy. In some special cases structural determinations at very low doses can be achieved through superposition techniques to study periodic (Unwin & Henderson, 1975) and nonperiodic (Saxton & Frank, 1977) specimens. In addition, protection methods such as glucose embedding (Unwin & Henderson, 1975) and maintenance of specimen hydration at low temperatures (Taylor & Glaeser, 1976) have also shown promise. Despite these successes, the basic nature of radiation damage in the electron microscope is far from clear. In general we cannot predict exactly how different structures will behave during electron Irradiation at high dose rates. Moreover, with the rapid rise of analytical electron microscopy over the last few years, nvicroscopists are becoming concerned with questions of compositional as well as structural integrity. It is important to measure changes in elemental composition arising from atom migration in or loss from the specimen as a result of electron bombardment.

Decoration technique and surface physics

1978 ◽  
Vol 36 (1) ◽  
pp. 436-437 ◽  
Author(s):  
H. Bethge
Keyword(s):  
Diffusion Path ◽  
Special Importance ◽  
Surface Physics ◽  
Step Structure ◽  
Initial Stage ◽  
Special Cases ◽  
Atomic Surface ◽  
The Mean ◽  
Bulk Structure ◽  
Decoration Technique

Besides the atomic surface structure, diverging in special cases with respect to the bulk structure, the real structure of a surface Is determined by the step structure. Using the decoration technique /1/ it is possible to image step structures having step heights down to a single lattice plane distance electron-microscopically. For a number of problems the knowledge of the monatomic step structures is important, because numerous problems of surface physics are directly connected with processes taking place at these steps, e.g. crystal growth or evaporation, sorption and nucleatlon as initial stage of overgrowth of thin films.To demonstrate the decoration technique by means of evaporation of heavy metals Fig. 1 from our former investigations shows the monatomic step structure of an evaporated NaCI crystal. of special Importance Is the detection of the movement of steps during the growth or evaporation of a crystal. From the velocity of a step fundamental quantities for the molecular processes can be determined, e.g. the mean free diffusion path of molecules.

One Size Fits All?

Methodology ◽  
2012 ◽  
Vol 8 (1) ◽  
pp. 23-38 ◽  
Author(s):  
Manuel C. Voelkle ◽  
Patrick E. McKnight
Keyword(s):  
Repeated Measures ◽  
Structural Equation ◽  
Type I Error ◽  
Equation Modeling ◽  
Type I ◽  
Finite Sample ◽  
Traditional Methods ◽  
Repeated Measures Anova ◽  
Special Cases ◽  
Latent Curve

The use of latent curve models (LCMs) has increased almost exponentially during the last decade. Oftentimes, researchers regard LCM as a “new” method to analyze change with little attention paid to the fact that the technique was originally introduced as an “alternative to standard repeated measures ANOVA and first-order auto-regressive methods” (Meredith & Tisak, 1990, p. 107). In the first part of the paper, this close relationship is reviewed, and it is demonstrated how “traditional” methods, such as the repeated measures ANOVA, and MANOVA, can be formulated as LCMs. Given that latent curve modeling is essentially a large-sample technique, compared to “traditional” finite-sample approaches, the second part of the paper addresses the question to what degree the more flexible LCMs can actually replace some of the older tests by means of a Monte-Carlo simulation. In addition, a structural equation modeling alternative to Mauchly’s (1940) test of sphericity is explored. Although “traditional” methods may be expressed as special cases of more general LCMs, we found the equivalence holds only asymptotically. For practical purposes, however, no approach always outperformed the other alternatives in terms of power and type I error, so the best method to be used depends on the situation. We provide detailed recommendations of when to use which method.

Penile Fracture-Report of Two Cases and Review of Current Literature

KYAMC Journal ◽  
2019 ◽  
Vol 10 (2) ◽  
pp. 122-125
Author(s):  
Ashraf Uddin Mallik ◽  
Mostafizur Rahman ◽  
Fatema Bagum ◽  
Uttam Karmaker ◽  
Baikali Ferdous ◽  
...  
Keyword(s):  
Tunica Albuginea ◽  
Traumatic Rupture ◽  
Penile Fracture ◽  
Corpora Cavernosa ◽  
Effective Treatment Modality ◽  
Special Cases ◽  
History Of ◽  
Penile Injury ◽  
Urological Emergency ◽  
Erect Penis

Penile fracture is an uncommon urological emergency, especially in Bangladesh. The other name is traumatic rupture of the tunica albuginea and corpora cavernosa in the erect penis. It occurs when an erect penis face to buckle under the pressure of a blunt sexual trauma. Patient gives the typical history of immediate detumescence, severe pain, swelling and eggplant deformity of the penile shaft due to penile injury. Immediate surgical exploration and repair of corpora Cavernosa with tunica albugenia is the most effective treatment modality. In normal cases diagnosis is made from history, physical examination alone. In some special cases ultrasonogram, radiological images, including retrograde urethrography or cavernosography are mandatory for proper diagnosis. KYAMC Journal Vol. 10, No.-2, July 2019, Page 122-125

Risk evaluation, disease prophylaxis, life insurance

2008 ◽  
Vol 149 (15) ◽  
pp. 675-676
Author(s):  
János Fehér ◽  
Imre Horváth
Keyword(s):  
Life Insurance ◽  
Risk Evaluation

Mudrush risk evaluation

CIM Journal ◽  
2016 ◽  
Vol 7 (1) ◽  
pp. 7-12
Author(s):  
J. Jakubec ◽  
R. Clayton ◽  
A. R. Guest
Keyword(s):  
Risk Evaluation
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