Discounting axioms imply risk neutrality

DOI10.1007/S10479-012-1066-9zbMATH Open1367.91067OpenAlexW2088108678MaRDI QIDQ378764FDOQ378764

Authors: 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

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zbMATH Keywords

utilityrisktimediscountingimpatiencepreferencesaxioms

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16) Markov and semi-Markov decision processes (90C40)

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Cited In (4)

• Risk-induced discounting
• Sustainable social choice under risk
• On dynamic decision making to meet consumption targets
• Risk neutrality regions

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