Increasing outer risk

DOI10.1016/J.JMATECO.2004.07.002MaRDI QIDQ2581792zbMATH OpenOpenAlexFDO

Authors C. F. Menezes, X. Henry Wang

Publication date 10 January 2006

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

Full work available at URL https://doi.org/10.1016/j.jmateco.2004.07.002

zbMATH Keywords

Outer risk aversion

Mathematics Subject Classification ID

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Cites work

• Economies with a Finite Set of Equilibria
• Proper Risk Aversion
• Risk Vulnerability and the Tempering Effect of Background Risk
• Risk-aversion, prudence and temperance
• Standard Risk Aversion
• THE RELATIONSHIPS BETWEEN SKEWNESS AND KURTOSIS
• Weekly pattern of exchange rate risks: Evidence from ten Asian-Pacific currencies

Cited in

(31)

• Apportioning of risks via stochastic dominance
• When Ross meets Bell: the linex utility function
• Decreasing higher-order absolute risk aversion and higher-degree stochastic dominance
• A \textit{meta}-measure of performance related to both investors and investments characteristics
• Some conditions for the equivalence between risk aversion, prudence and temperance
• New results for additive and multiplicative risk apportionment
• Weighted discounting -- on group diversity, time-inconsistency, and consequences for investment
• New results on the relationship among risk aversion, prudence and temperance
• An interpretation of the condition for precautionary saving: the case of greater higher-order interest rate risk
• Comparative statics in an ordinal theory of choice under risk
• Increasing \(N\)th degree inequality
• Greater Arrow-Pratt (absolute) risk aversion of higher orders
• Risk apportionment via bivariate stochastic dominance
• Substituting one risk increase for another: a method for measuring risk aversion
• Higher-order generalizations of Arrow-Pratt and Ross risk aversion: a comparative statics approach
• A separation theorem for the weak \(s\)-convex orders
• Loss-averse preferences and portfolio choices: an extension
• The LeChatelier principle for changes in risk
• On relative and partial risk attitudes: theory and implications
• Decision making when things are only a matter of time
• A note on changes in additive risky benefits and risky costs
• Comparing utility derivative premia under additive and multiplicative risks
• Pigouvian tax, abatement policies and uncertainty on the environment
• Comparative higher-degree Ross risk aversion
• Preferences on discounting under time risk
• Precautionary risk-reduction and saving decisions: two sides of the same coin?
• Agency theory and higher-order risk changes
• Changes in multiplicative risks and optimal portfolio choice: new interpretations and results
• Portfolio selection in multidimensional general and partial moment space
• The effects of stochastic wages and non-labor income on labor supply: update and extensions
• Some consequences of correlation aversion in decision science

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