Financial risk taking in the presence of correlated non-financial background risk
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Publication:2178597
DOI10.1016/j.jmateco.2020.03.004zbMath1437.91134OpenAlexW3014112396MaRDI QIDQ2178597
Publication date: 11 May 2020
Published in: Journal of Mathematical Economics (Search for Journal in Brave)
Full work available at URL: https://www.research.manchester.ac.uk/portal/en/publications/financial-risk-taking-in-the-presence-of-correlated-nonfinancial-background-risk(87a74c92-b171-440e-9a16-7e5e031fb9fc).html
correlated risksportfolio choiceexpectation dependencecorrelation aversionmarginal risk increasenon-financial background risk
Related Items (4)
Production and hedging under correlated price and background risks ⋮ Fractional-degree expectation dependence ⋮ Comparative risk aversion with two risks ⋮ Diversification and risk attitudes toward two risks
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