Abstract
How should we value stochastic cash flows? Without a common framework our discussions generate more heat than light. The following thought experiment seeks to filter out the extraneous and to focus on the essential.
Volume
Winter
Page
291-294
Year
2004
Categories
Actuarial Applications and Methodologies
Valuation
Financial Performance Measurement
Actuarial Applications and Methodologies
Capital Management
Publications
Casualty Actuarial Society E-Forum
