A contribution to duality theory, applied to the measurement of risk aversion (Q868602)
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scientific article; zbMATH DE number 5131189
| Language | Label | Description | Also known as |
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| default for all languages | No label defined |
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| English | A contribution to duality theory, applied to the measurement of risk aversion |
scientific article; zbMATH DE number 5131189 |
Statements
A contribution to duality theory, applied to the measurement of risk aversion (English)
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6 March 2007
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The paper characterizes the relationship between an agent's risk attitudes over income and his risk attitudes over the goods he consumes with that income. The results are obtained by means of representation theorems for concave functions.
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concavity
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duality
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homothetic preferences
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cost curves
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Bernoulli utility function
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indirect utility function
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production function
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0.7866865396499634
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0.7819453477859497
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0.7818704843521118
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0.769192636013031
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0.7685219645500183
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