Corcuera Valverde, José ManuelJuan Carreño, Daniel2021-05-262021-05-262020-06-21https://hdl.handle.net/2445/177590Treballs Finals de Grau de Matemàtiques, Facultat de Matemàtiques, Universitat de Barcelona, Any: 2020, Director: José Manuel Corcuera Valverde[en] Expected Utility Theory (EUT) is an axiomatic theory of choice under risk that has held a central role in economic theory since the 1940s. Throughout this work we will give a thorough description of the von Neumann-Morgenstern theory, which is the cornerstone of EUT and Games Theory. Using the theory and its axiomatisation, we will review its main drawbacks in order to give a proper model of Rational Choice. Furthermore, we will briefly introduce Risk Management, which is a crucial process used to make investment decisions. The process consists in identifying and analysing the amount of risk involved in an investment, and either accepting that risk or mitigating it.63 p.application/pdfengcc-by-nc-nd (c) Daniel Juan Carreño, 2020http://creativecommons.org/licenses/by-nc-nd/3.0/es/Matemàtica financeraTreballs de fi de grauTeoria de la utilitatIndicadors econòmicsAvaluació del riscBusiness mathematicsBachelor's thesesUtility theoryEconomic indicatorsRisk assessmentinfo:eu-repo/semantics/bachelorThesisinfo:eu-repo/semantics/openAccess