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Grace EmiemaF Grace

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Navigating the Labyrinth of Risk: A Story of Certainty Equivalent and Risk Aversion

Number of pages: 21 Posted: 06 May 2025
Dr. Sunil Maria Benedict, Praisy Alexander, Grace EmiemaF Grace, Tamil selvi P Tamil selvi P and Hamsa Angelique R
Orthodox Catholic Church of France, United international degree college, affiliation not provided to SSRN, United International Degree College and affiliation not provided to SSRN
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Risk Aversion, Certainty Equivalent (CE), Decision-Making Under Uncertainty, Utility Function, Constant Relative Risk Aversion (CRRA), Monte Carlo Simulation, Betting, probability, Distributions, Sensitivity Analysis, Behavioral Economics, Computational Modeling