certainty

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  • noun

Synonyms for certainty

Synonyms for certainty

the fact or condition of being without doubt

a clearly established fact

Synonyms for certainty

References in periodicals archive ?
It can be seen that the Certainty Equivalent appears to reach its asymptotic value just after the Expected Utility achieves its maximum level.
00 WTA payment) on gender, Task-2 performance, Task-l-to-2 performance improvement, Task-2 selfrank, the lottery certainty equivalent, and a task-order dummy.
Hence, the certainty equivalent CE corresponds to the amount of payoff whose utility U(CE) equals the expected value of the utility of the payoff distribution [L.
The certainty equivalent in equation (11) is used to formulate the participation and incentive constraints.
The certainty equivalent of the optimized portfolio is very high when compared to the value and equal weighted portfolios, the first is 24% in sample and 18% out of sample and the last two are -0.
Prior to the terminal set of nodes, the value of the investment conditional on survival is given by its certainty equivalent, which we define as the current value of a risk-free security that matures at time T and provides a guaranteed level of utility equal to the expected utility of holding the hedge fund.
Partners were classified as Risk Seeking in the litigation settlement decision if their response to the Certainty Equivalent settlement offer was less than the theoretical indifference point, i.
The absence of uncertainty means that actual, expected and certainty equivalent rates of return are all the same.
In this case, the certainty equivalent of the 50 percent bond and the 50 percent stock allocation is $469,000, and the certainty equivalent of the 100 percent stock portfolio is $686,000.
In the second, we adjust the expected cash flows for risk to arrive at what are termed risk-adjusted or certainty equivalent cash flows which we discount at the riskfree rate to estimate the value of a risky asset.
1) An alternative approach to deal with uncertainty in capital budgeting is to identify certainty equivalents for the uncertainty parameters in a project (such as selling price, demand, capital investment) and then discount the certainty equivalent net cash flows using a risk free rate.
CARA preferences combine with normally distributed compensation to allow for a convenient certainty equivalent representation: E[w.
where [Mathematical Expression Omitted] = ordinal certainty equivalent consumption a la Selden [15] which is defined as:
8) It is a bias that I have tried to avoid by exploiting the concept of certainty equivalent in the decision-making calculus of the market participants.