Comparative risk aversion: a formal approach with applications to saving behavior

DOI10.1016/j.jet.2010.10.015zbMath1246.91037OpenAlexW3021786409WikidataQ62629996 ScholiaQ62629996MaRDI QIDQ435921

Arnold Chassagnon, François Le Grand, Antoine Bommier

Publication date: 13 July 2012

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2010.10.015

zbMATH Keywords

utility functionrisk aversionprecautionary savingssaving behavior

Mathematics Subject Classification ID

Related Items (13)

Portfolio choice in the model of expected utility with a safety-first component ⋮ The empirical saddlepoint estimator ⋮ A rank-dependent utility model of uncertain lifetime ⋮ Risk aversion over finite domains ⋮ Utilitarianism, prioritarianism, and intergenerational equity: a cake eating model ⋮ Nonparametric comparative revealed risk aversion ⋮ Comparing uncertainty aversion towards different sources ⋮ Introduction to inequality and risk ⋮ Concave/convex weighting and utility functions for risk: a new light on classical theorems ⋮ Risk attitudes in axiomatic decision theory: a conceptual perspective ⋮ Non-stationary additive utility and time consistency ⋮ Revisiting precautionary saving under ambiguity ⋮ Diversification and risk attitudes toward two risks

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