[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vp / vr / w / wg / wsg / wsr / x / y ] [Home]
4chanarchives logo
What are some unsolved problems in finance?
Images are sometimes not shown due to bandwidth/network limitations. Refreshing the page usually helps.

You are currently reading a thread in /biz/ - Business & Finance

Thread replies: 25
Thread images: 1
File: image.jpg (38 KB, 640x360) Image search: [Google]
image.jpg
38 KB, 640x360
Extra points if you include unsolved problems in economics, accounting or marketing.
>>
>>924992
Judaism
>>
>>924996
Please, without the Jews, we'd be still trading metal shavings.


I like the Jews and wish I could be one.
>>
>>924997
>metal shavings
kek

http://www.heretical.com/British/nsv14-4.html
>>
>>925004
>Interesting read, but....

This is an immature counterpoint.
>>
>>924992
Figure out a new (and better) way to create utility functions, if you do it right you might get a nobel prize
>>
>>925027
Utility functions?
>>
>>925034
>asks for unsolved problems
>lacks understanding of fundamentals
>>
>>925041
I don't know much about economics (and secretly didn't want an answer for it), but thx for your input.


I wanted to test my theory by including economics.
>>
>>925034
Yes utility functions (Calculating the utility you gain from items/services you name it).

The basic moduls and functions are not good enough to describe utility gained from every item combined etc.

Heres a pdf about the basics. Its microeconomics 101

http://njsanders.people.wm.edu/100A/Prefs_and_Utility_Examples.pdf
>>
>>925045
Oh.
>>
>>925018
Eh I thought it was relatable
>>
>>925053
No......
>>
>>925045
But the "happiness" gained from something is subjective and that's why its really not quantifiable.
>>
>>925137
yes, utility functions cant tell you HOW much more you prefer one item(s) over another item(s) but only which of the items you prefer.

but it could be cool to construct some function that defined how much more you prefered something over another. Just saying, there is a nobel prize waiting for someone there
>>
>>925142
A function in 3 dimensions? So you have x,y, and you use z as another function of utility?
>>
>>925145
Maybe, or we need more variables. also we need to calculate coeff for each variables for each person, idk how to do it
>>
>>925147
Interesting question to bring up with my professors. This was a big topic in my micro theory class. Honestly if my professor for that class couldn't figure it out, there's no way I could
>>
>>925160
Same thing with me. Im not smart enough to figure it out.

Maybe when im done with my grad school i get a better estimation but if people with a phd havent made a model yet im not gonna figure it out
>>
>>925169
What do Ph.D. students in economics learn?
>>
>>925555
and what do they research about?
>>
Efficient Market Hypothesis
>>
>>925555
>>925565

They test theories and try to make new ones.

this
>>925824
One paper could be about the efficient market hypothesis, does it hold true? spoiler alert: probably not, but who knows
>>
>>925142
>yes, utility functions cant tell you HOW much more you prefer one item(s) over another item(s) but only which of the items you prefer.

https://en.wikipedia.org/wiki/Indifference_curve
>>
>>926127

Yes, its time same thing with indifference curves. You can see which curve is preffered but not how much better one curve is relative to another. Microeconomics 101
Thread replies: 25
Thread images: 1

banner
banner
[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vp / vr / w / wg / wsg / wsr / x / y] [Home]

All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
If a post contains personal/copyrighted/illegal content you can contact me at [email protected] with that post and thread number and it will be removed as soon as possible.
DMCA Content Takedown via dmca.com
All images are hosted on imgur.com, send takedown notices to them.
This is a 4chan archive - all of the content originated from them. If you need IP information for a Poster - you need to contact them. This website shows only archived content.