This is a preview. Log in through your library . Publisher Information The purpose of the Institute of Mathematical Statistics (IMS) is to foster the development and dissemination of the theory and ...

This paper deals with and answers the following question: What are the best upper and lower bounds on expected utility when we know the mean and variance of the random variable involved? Some ...

Risk is common in our lives and affects many everyday decisions (eg, whether to gamble in the casino, which insurance policy to purchase, or which school to enroll in). When making decisions between ...