Concepedia

Certainty Equivalent Approach

The Certainty Equivalent Approach is a valuation method that belongs to the class of discount rate adjustment techniques, specifically distinguished by its use of risk-adjusted cash flows—expressed as certainty equivalents—discounted at a risk-free rate to value project-specific investments.

253

Publications

19.8K

Citations

509

Authors

296

Institutions

Publications per year

2017–2026

55

Variants

Certainty Equivalent Method

Parents

Publications

253

Optimal Versus Naive Diversification: How Inefficient is the 1/<i>N</i>Portfolio Strategy?

Victor DeMiguel, Lorenzo Garlappi, Raman Uppal · Review of Financial Studies · 2007 · 3.2K citations

, , +17

SECURITY PRICES, RISK, AND MAXIMAL GAINS FROM DIVERSIFICATION*

John Lintner · The Journal of Finance · 1965 · 2.1K citations

, , +17

A Simple Approach to the Valuation of Risky Streams

Stephen A. Ross · The Journal of Business · 1978 · 593 citations

, , +17

On the Concavity of the Consumption Function

Christopher D. Carroll, Miles Kimball · Econometrica · 1996 · 439 citations

, , +16

On Crop Biodiversity, Risk Exposure, and Food Security in the Highlands of Ethiopia

Salvatore Di Falco, Jean‐Paul Chavas · American Journal of Agricultural Economics · 2009 · 418 citations · Full text

, , +17

1–5 of 253

Authors

509

  1. BG
    Ben Groom

    London School of Economics and Political Science, United Kingdom

    5 publications · 451 citations

    5

    h-index

  2. RG
    Richard G. Newell

    Resources For The Future, United States

    5 publications · 843 citations

    5

    h-index

  3. WA
    William A. Pizer

    Resources For The Future, United States

    5 publications · 843 citations

    5

    h-index

  4. JC
    Jean‐Paul Chavas

    University of Wisconsin–Madison, United States

    4 publications · 605 citations

    4

    h-index

  5. VD
    Victor DeMiguel

    London Business School, United Kingdom

    4 publications · 3.3K citations

    4

    h-index

1–5 of 509

Institutions

296

  1. University of British Columbia

    Vancouver, Canada

    10 h-index

    14 publications

    495 citations

  2. Stanford University

    Stanford, United States

    10 h-index

    14 publications

    1.9K citations

  3. University of California, Berkeley

    Berkeley, United States

    10 h-index

    12 publications

    950 citations

  4. Massachusetts Institute of Technology

    Cambridge, United States

    7 h-index

    8 publications

    1.3K citations

  5. Technion – Israel Institute of Technology

    Haifa, Israel

    6 h-index

    8 publications

    720 citations

  6. National University of Singapore

    Singapore, Singapore

    6 h-index

    11 publications

    478 citations

  7. University of Maryland, College Park

    College Park, United States

    6 h-index

    6 publications

    444 citations

  8. University of Pennsylvania

    Philadelphia, United States

    5 h-index

    5 publications

    248 citations

1–8 of 296

Venues

  1. SSRN Electronic Journal

    Repository · 20 publications · 516 citations

    13

    h-index

  2. Operations Research

    10 publications · 536 citations

    10

    h-index

  3. IEEE Transactions on Automatic Control

    11 publications · 837 citations

    10

    h-index

  4. Management Science

    8 publications · 1K citations

    8

    h-index

  5. Econometrica

    7 publications · 1K citations

    7

    h-index

1–5