Measures of risk aversion with expected and nonexpected utility

DOI10.1007/BF00114157zbMATH Open0735.90004OpenAlexW2015877203MaRDI QIDQ1180526FDOQ1180526

Aldo Montesano

Publication date: 27 June 1992

Published in: Journal of Risk and Uncertainty (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/bf00114157

zbMATH Keywords

Arrow-Pratt indexnonexpected utilityrisk-aversion measure

Mathematics Subject Classification ID

Utility theory (91B16)

Cites Work

• The Dual Theory of Choice under Risk
• Risk Aversion in the Small and in the Large
• The Nonparametric Approach to Production Analysis
• The Ellsberg Paradox and Risk Aversion: An Anticipated Utility Approach
• Behavior Towards Risk with Many Commodities
• Risk aversion in the theory of expected utility with rank dependent probabilities
• The risk aversion measure without the independence axiom
• The ordinal utility under uncertainty and the measure of risk aversion in terms of preferences
• On the definition of risk aversion
• Risk Aversion and Consumer Preferences
• Risk Aversion and Demand Functions
• A note on the generalised measures of risk aversion

Cited In (11)

• Generalized Expected Utility Analysis of Multivariate Risk Aversion
• A test for risk-averse expected utility
• Risk aversion in the theory of expected utility with rank dependent probabilities
• The price for information about probabilities and its relation with risk and ambiguity
• Measuring Risk Aversion
• The risk aversion measure without the independence axiom
• Expected utility operators and possibilistic risk aversion
• Willingness to pay for risk reduction and risk aversion without the expected utility assumption
• Measures of risk aversion with many commodities
• Uncertainty aversion and aversion to increasing uncertainty
• Measures of risk attitude: correspondences between mean-variance and expected-utility approaches

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