Proper Risk Aversion
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Publication:3753742
DOI10.2307/1911160zbMATH Open0612.90006OpenAlexW2005887980MaRDI QIDQ3753742FDOQ3753742
Authors: John W. Pratt, Richard J. Zeckhauser 
Publication date: 1987
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.2307/1911160
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- General properties of isoelastic utility economies
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- Decreasing downside risk aversion and background risk
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- The effect of the background risk in a simple chance improving decision model
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- Repetitive risk aversion
- Supermodularity and risk aversion
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- Health and portfolio choices: a diffidence approach
- Slutzky equations and substitution effects of risks in terms of mean-variance preferences
- Apportioning of risks via stochastic dominance
- Decomposing the cross derivatives of a multiattribute utility function into risk attitude and value
- On risk aversion with two risks
- Stochastic lifestyling: optimal dynamic asset allocation for defined contribution pension plans
- Utility functions of equivalent form and the effect of parameter changes on optimum decision making
- Some consequences of correlation aversion in decision science
- Risk aversion: a qualitative approach and quantitative estimates
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- Tempering effects of (dependent) background risks: a mean-variance analysis of portfolio selection
- Ross risk vulnerability for introductions and changes in background risk
- On the conditions for precautionary saving
- Characterizations of risk aversion in cumulative prospect theory
- New results on high-order risk changes
- Would a risk-averse newsvendor order less at a higher selling price?
- Risk preferences and changes in background risk
- Risk aversion and risk vulnerability in the continuous and discrete case
- The economics of adding and subdividing independent risks: Some comparative statics results
- Aggregation of preferences for skewed asset returns
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- Who buys and who sells options: the role of options in an economy with background risk
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- Partial derivatives, comparative risk behavior and concavity of utility functions.
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- Risk attitudes for nonlinear measurable utility
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- On cross-risk vulnerability
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- Aspects of optimal insurance demand when there are uninsurable risks
- Disentangling intertemporal substitution and risk aversion under the expected utility theorem
- Stochastic dominance and absolute risk aversion
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