Characterization of left-monotone risk aversion in the RDEU model
From MaRDI portal
Publication:414609
DOI10.1016/j.insmatheco.2012.02.003zbMath1252.60022OpenAlexW2078483470MaRDI QIDQ414609
Publication date: 11 May 2012
Published in: Insurance Mathematics \& Economics (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.insmatheco.2012.02.003
utility functionrisk aversiondispersive orderexcess wealth orderleft stretchlocation independent risk orderprobability-perception function
Lua error in Module:PublicationMSCList at line 37: attempt to index local 'msc_result' (a nil value).
Related Items (3)
Characterizations of risk aversion in cumulative prospect theory ⋮ Concave/convex weighting and utility functions for risk: a new light on classical theorems ⋮ \(L_p\)-metric under the location-independent risk ordering of random variables
Cites Work
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Stochastic orders
- Risk aversion in RDEU
- Risk aversion in the theory of expected utility with rank dependent probabilities
- Descriptive statistics for non-parametric models. III: Dispersion
- Comparing risks with unbounded distributions
- Co-monotone allocations, Bickel-Lehmann dispersion and the Arrow-Pratt measure of risk aversion
- Four notions of mean-preserving increase in risk, risk attitudes and applications to the rank-dependent expected utility model
- A characterization of the dilation order and its applications
- More pessimism than greediness: a characterization of monotone risk aversion in the rank-dependent expected utility model
- Choosing Between Risky Prospects: The Characterization of Comparative Statics Results, and Location Independent Risk
- The Generating Process and an Extension of Jewitt's Location Independent Risk Concept
- Partial Orderings of Distributions Based on Right-Spread Functions
- The Dual Theory of Choice under Risk
- Two Variability Orders
- Risk Aversion in the Small and in the Large
This page was built for publication: Characterization of left-monotone risk aversion in the RDEU model