Is Krebs-Porteus utility distinguishable from intertemporal expected utility?

DOI10.1007/BF01213696MaRDI QIDQ1339006zbMATH OpenFDO

Authors Susheng Wang

Publication date 15 March 1995

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/BF01213696

zbMATH Keywords

finite-state, Markov output growth rate processesKreps-Porteus nonexpected utility

Mathematics Subject Classification ID

Utility theory (91B16)

Recommendations

• Is intertemporal choice theory testable?
• Incomplete market demand tests for Kreps-Porteus-Selden preferences
• Stochastic Differential Utility
• The local recoverability of risk aversion and intertemporal substitution
• An intertemporal utility function concave in gains and convex in losses

Cites work

• Asset Prices in an Exchange Economy
• scientific article; zbMATH DE number 4081235 (Why is no real title available?)
• Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework
• Temporal Resolution of Uncertainty and Dynamic Choice Theory
• The local recoverability of risk aversion and intertemporal substitution

Cited in

(4)

• On the test of the globalization of the Japanese equity market under the Kreps-Porteus preference
• Is intertemporal choice theory testable?
• Incomplete market demand tests for Kreps-Porteus-Selden preferences
• The local recoverability of risk aversion and intertemporal substitution

This page was built for publication: Is Krebs-Porteus utility distinguishable from intertemporal expected utility?

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1339006)