Discounting axioms imply risk neutrality

DOI10.1007/s10479-012-1066-9zbMath1367.91067MaRDI QIDQ378764

Matthew J. Sobel

Publication date: 12 November 2013

Published in: Annals of Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10479-012-1066-9

zbMATH Keywords

utility; risk; discounting; preferences; axioms; time; impatience

Mathematics Subject Classification ID

91B06: Decision theory

91B16: Utility theory

90C40: Markov and semi-Markov decision processes

Related Items

Risk-induced discounting, Sustainable social choice under risk, On Dynamic Decision Making to Meet Consumption Targets

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