A Characterization of the Optimal Certainty Equivalent of the Average Cost via the Arrow-Pratt Sensitivity Function (Q2800371)
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| Language | Label | Description | Also known as |
|---|---|---|---|
| English | A Characterization of the Optimal Certainty Equivalent of the Average Cost via the Arrow-Pratt Sensitivity Function |
scientific article |
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A Characterization of the Optimal Certainty Equivalent of the Average Cost via the Arrow-Pratt Sensitivity Function (English)
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15 April 2016
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Arrow-Pratt risk sensitivity
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regular utility
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continuity of exponential average costs
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monotonicity of certainty equivalents with respect to the Arrow-Pratt function
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