Substituting one risk increase for another: a method for measuring risk aversion

DOI10.1016/j.jet.2013.10.002zbMath1284.91120MaRDI QIDQ2434243

Jack Meyer, Liqun Liu

Publication date: 5 February 2014

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2013.10.002

zbMATH Keywords

risk aversion; risk premium; comparative risk aversion; expected utility model; rate of substitution

Mathematics Subject Classification ID

91B06: Decision theory

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