The economics of adding and subdividing independent risks: Some comparative statics results
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Publication:1316419
DOI10.1007/BF01079631zbMath0789.90027MaRDI QIDQ1316419
Christian Gollier, Michel Levasseur, Louis R. Eeckhoudt
Publication date: 12 June 1994
Published in: Journal of Risk and Uncertainty (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1007/bf01079631
law of large numbers; insurance; diversification; multiple risks; absolute risk aversion; risk-averse decision makers
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Investment flexibility and the acceptance of risk, Proper prudence, standard prudence and precautionary vulnerability
Cites Work
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