Some Properties of Risk Measures in Interval Alternatives Comparing

Authors

Shepelev G. Morozova N.

Annotation

The correspondence of some risk indicators to the requirement of their coordinated change with the associated preference indicators is studied for problems of comparing interval alternatives. A coordinated change is such a change when the value of the corresponding risk indicator increases with the growth of the preference indicator. It is shown that in methods of individual risk left-sided risk indicators are coordinated for choosing the distribution mode as an indicator of preference, and also, with known limitations, for choosing the distribution median as a measure of preference. It has been established that the indicator of the mean semi-deviation, which is recommended as an indicator of risk for choosing the mathematical expectation of the distribution as a measure of preference, does not always meet this requirement, and therefore cannot, generally speaking, be considered as adequate for problems of comparing interval alternatives.

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Reference link

Shepelev G. I., Morozova N. V. Some Properties of Risk Measures in Interval Alternatives Comparing // Analysis, modeling, management, development of social and economic systems: Proceedings of the XVII International School-Symposium AMUR-2023, Simferopol-Sudak, September 14-27, 2023, pp. 423-425.