微观经济学及财务知识分析范文(ppt 135页)
微观经济学及财务知识分析范文(ppt 135页)内容简介
微观经济学及财务知识分析范文(ppt 135页)简介:
To measure risk we must know:
1) All of the possible outcomes.
2) The likelihood that each outcome will occur (its probability).
Interpreting Probability
Objective Interpretation
Based on the observed frequency of past events
Interpreting Probability
Subjective
Based on perception or experience with or without an observed frequency
Different information or different abilities to process the same information can influence the subjective probability
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