Substituting one risk increase for another: a method for measuring risk aversion
From MaRDI portal
Publication:2434243
DOI10.1016/j.jet.2013.10.002zbMath1284.91120OpenAlexW2036676293MaRDI QIDQ2434243
Publication date: 5 February 2014
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.jet.2013.10.002
Related Items
Restricted increases in risk aversion and their application, Portfolio choice in the model of expected utility with a safety-first component, Greater parametric downside risk aversion, The probability premium: a graphical representation, Intensity of preferences for bivariate risk apportionment, Decreasing downside risk aversion and background risk, Comparing utility derivative premia under additive and multiplicative risks, Greater Arrow-Pratt (absolute) risk aversion of higher orders, Possibilistic risk aversion in group decisions: theory with application in the insurance of giga-investments valued through the fuzzy pay-off method, Almost Stochastic Dominance for Most Risk-Averse Decision Makers, Precautionary saving in the large: \(n\)th degree deteriorations in future income, Decreasing ross risk aversion: higher-order generalizations and implications, Higher-order risk vulnerability, Health and portfolio choices: a diffidence approach, The utility premium of Friedman and Savage, comparative risk aversion, and comparative prudence, How do changes in risk and risk aversion affect self-protection with Selden/Kreps-Porteus preferences?, A note on the comparative statics approach to \(n\)th-degree risk aversion, Willingness to pay for stochastic improvements of future risk under different risk aversion, Comparative higher-order risk aversion and higher-order prudence, A separation theorem for the weak \(s\)-convex orders, Comparative risk aversion with two risks, The monetary utility premium and interpersonal comparisons
Cites Work
- Unnamed Item
- Unnamed Item
- Comparative higher-degree Ross risk aversion
- The logic of partial-risk aversion: Paradox lost
- On the intensity of downside risk aversion
- Greater downside risk aversion in the large
- On the utility premium of Friedman and Savage
- Preservation of More risk averse under expectations
- Mixed risk aversion
- Greater downside risk aversion
- When Ross meets Bell: the linex utility function
- Stronger measures of higher-order risk attitudes
- Higher-order generalizations of Arrow-Pratt and Ross risk aversion: a comparative statics approach
- A note on comparative downside risk aversion
- Increasing outer risk
- The Ross Characterization of Risk Aversion: Strengthening and Extension
- One-Switch Utility Functions and a Measure of Risk
- Risk Aversion with Random Initial Wealth
- Some Stronger Measures of Risk Aversion in the Small and the Large with Applications
- Risk Aversion in the Small and in the Large
- Exposition of a New Theory on the Measurement of Risk