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Keywords: utility framework
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Proceedings Papers

Paper presented at the SPE Economics and Evaluation Symposium, February 21–26, 1977
Paper Number: SPE-6359-MS
... comprehensive theory of risk. Yet it has been used very little for representation of financial risk problems. Instead, special purpose methods of risk representation have purpose methods of risk representation have been used. The goal of this paper is to propose a simplified utility framework. Three different...

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