SOME NEW APPROACHES TO RISK

Abstract

Relatively recent innovations in methods for risk analysis are here surveyed and related by means of certain linear programming characterizations applied to venture and risk analysis, stochastic decision trees, stochastic linear programming, linear programming under uncertainty, and chance constrained programming. Possibilities for combining these approaches in various ways are also discussed and illustrated by example. Implications are noted for accounting, budgeting and other aspects of management planning.

Open PDF

Document Details

Document Type
Technical Report
Publication Date
May 01, 1967
Accession Number
AD0653727

Entities

People

  • A. Charnes
  • K. Kortanek
  • R. Byrne
  • W. W. Cooper

Organizations

  • Carnegie Institute of Technology

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Applied Mathematics
  • Computations
  • Computer Programming
  • Economics
  • Figure Of Merit
  • Investments
  • Linear Programming
  • Mathematical Analysis
  • Mathematical Models
  • Money
  • New York
  • Operations Research
  • Probability
  • Probability Distributions
  • Risk Analysis
  • Simulations
  • Social Psychology

Readers

  • Adaptive Control and Estimation with Uncertainty in Dynamic Systems.
  • Defense Acquisition Program Management
  • Theoretical Analysis.