A new interpretation for the precautionary saving motive: a note

DOI10.1007/S00712-007-0279-XzbMATH Open1133.91465OpenAlexW2072639791MaRDI QIDQ2476004FDOQ2476004

Authors: Mario Menegatti 

Publication date: 11 March 2008

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

Full work available at URL: https://doi.org/10.1007/s00712-007-0279-x

Recommendations

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zbMATH Keywords

risk aversionprudenceprecautionary saving

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42)

Cites Work

• The economics of risk and time
• Risk Aversion in the Small and in the Large
• On the conditions for precautionary saving

Cited In (17)

• Precautionary saving under many risks
• The monetary utility premium and interpersonal comparisons
• Optimal prevention and prudence in a two-period model
• Even imprudent risk lovers may engage in precautionary saving
• Pigouvian tax, abatement policies and uncertainty on the environment
• Precautionary saving and the notion of ambiguity prudence
• Optimal saving in the presence of two risks
• Precautionary saving in the large: \(n\)th degree deteriorations in future income
• Optimal saving and health prevention
• New results on precautionary saving under two risks
• A new interpretation of the condition for precautionary saving in the presence of an interest-rate risk
• On the precautionary motive for savings and prudence in the rank-dependent utility framework
• On non-monetary measures in the face of risks and the signs of the derivatives
• Self-protection with random costs
• Changes in multiplicative risks and optimal portfolio choice: new interpretations and results
• The utility premium of Friedman and Savage, comparative risk aversion, and comparative prudence
• New results on precautionary saving and nonlinear risks

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