Risk aversion in financial decisions: A nonextensive approach
Statistical Mechanics
2008-12-10 v1 Statistical Finance
Abstract
The sensitivity to risk that most people (hence, financial operators) feel affects the dynamics of financial transactions. Here we present an approach to this problem based on a current generalization of Boltzmann-Gibbs statistical mechanics.
Keywords
Cite
@article{arxiv.cond-mat/0306605,
title = {Risk aversion in financial decisions: A nonextensive approach},
author = {Celia Anteneodo and Constantino Tsallis},
journal= {arXiv preprint arXiv:cond-mat/0306605},
year = {2008}
}
Comments
Based on an invited conference given by one of us (C.T.) at the "International Public Seminar of the Year", 27 August 2002, Jakarta, Indonesia. To appear in the Proceedings of the meeting, Editor Y. Surya. 10 pages and 1 figure