Strong Increases in Risk and Their Comparative Statics

DOI10.2307/2526593MaRDI QIDQ3735385zbMATH OpenOpenAlexFDO

Authors Jack Meyer, Michael B. Ormiston

Publication date 1985

Published in International Economic Review (Search for Journal in Brave)

Full work available at URL https://doi.org/10.2307/2526593

zbMATH Keywords

portfolio choicecomparative static analysesstrong increase in risk

Mathematics Subject Classification ID

Decision theory (91B06)

Recommendations

• The comparative statics of changes in risk revisited
• Increases in Risk and Linear Payoffs
• Left-side strong increases in risk and their comparative statics
• Restricted increases in risk aversion and their application
• Comparative statics in an ordinal theory of choice under risk

Cited in

(36)

• New results on precautionary saving and nonlinear risks
• Relatively weak increases in risk and their comparative statics
• Does risk sharing increase with risk aversion and risk when commitment is limited?
• Comparative statics predictions for the cross-effects of central dominance changes in risk with quasilinear payoffs
• Lotteries, insurance, and star-shaped utility functions
• Left-side relatively weak increases in risk and their comparative statics
• Left-side strong increases in risk and their comparative statics
• The subclasses of Rothschild and Stiglitz (R-S) increases in risk and their comparative statics
• Deductible insurance and production: A comment
• Increasing risk and equilibrium under uncertainty
• Portfolio choice for increases in risk and prudence revisited
• Demand for risky assets and the monotone probability ratio order
• Prudence and preference for flexibility gain
• A model of comparative statics for changes in stochastic returns with dependent risky assets
• Production under uncertainty with insurance or hedging
• Stochastic dominance and optimal portfolio
• Changes in risk and strategic interaction
• Two-parameter decision models and rank-dependent expected utility
• The economics of adding and subdividing independent risks: Some comparative statics results
• Outside Risk Aversion and the Comparative Statics of Increasing Risk in Quasi-Linear Decision Models
• Increases in risk and deductible insurance
• Pessimistic portfolio choice with one safe and one risky asset and right monotone probability difference order
• The comparative statics of a competitive industry facing demand uncertainty
• Restricted increases in risk aversion and their application
• Increasing risk with state-dependent preferences
• Comparative statics of changes in risk on monotonically and partially responsive kinked payoffs
• Capacity choice in a two-stage problem under uncertainty
• Increases in risk and demand for a risky asset
• The subclasses of first-degree stochastic dominance (FSD) shifts and their comparative statics
• Some relationships among FSD shifts and R-S increases in risk
• Testing for central dominance: method and application
• The comparative statics of changes in risk revisited
• The comparative statics of cumulative distribution function changes for the class of risk averse agents
• On increasing risk in incomplete markets
• Portfolio choice under noisy asset returns
• Stochastically dominating shifts and the competitive firm

This page was built for publication: Strong Increases in Risk and Their Comparative Statics

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q3735385)