Risk attitudes and the value of risk transformations

DOI10.1111/J.1742-7363.2013.12017.XzbMATH Open1416.91078OpenAlexW1794134247MaRDI QIDQ4583983FDOQ4583983

Authors: Michel Denuit, Louis Eeckhoudt 

Publication date: 29 August 2018

Published in: International Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://cdn.uclouvain.be/public/Exports%20reddot/stat/documents/DP2012_07.pdf

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zbMATH Keywords

stochastic dominancerisk aversionwillingness to paywillingness to acceptcomparative risk attitudeEkern increase in risk

Mathematics Subject Classification ID

Decision theory (91B06)

Cited In (10)

• An interpretation of the condition for precautionary saving: the case of greater higher-order interest rate risk
• Public perceptions of risk and preference-based values of safety
• New results on high-order risk changes
• On the willingness to pay to reduce risks of small losses
• The Intergenerational Transmission of Risk and Trust Attitudes
• Greater Arrow-Pratt (absolute) risk aversion of higher orders
• Precautionary saving in the large: \(n\)th degree deteriorations in future income
• OPTIMUM INSURANCE CONTRACTS WITH BACKGROUND RISK AND HIGHER-ORDER RISK ATTITUDES
• When Ross meets Bell: the linex utility function
• Title not available (Why is that?)

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