The market value of preventive activities: A contingent-claims approach

DOI10.1007/BF01237462zbMATH Open1010.91065MaRDI QIDQ1601322FDOQ1601322

Authors: Philippe Godfroid, Louis Eeckhoudt 

Publication date: 26 June 2002

Published in: Journal of Economics (Search for Journal in Brave)

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zbMATH Keywords

contingent claimswillingness to payprevention

Mathematics Subject Classification ID

Special types of economic markets (including Cournot, Bertrand) (91B54)

Cites Work

• Self-insurance, self-protection and increased risk aversion
• Demand for risky assets and the monotone probability ratio order
• Paying to improve your chances: Gambling or insurance?
• Willingness to pay, the risk premium and risk aversion

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