A wealth-requirement axiomatization of riskiness

DOI10.3982/TE1150zbMath1395.91110MaRDI QIDQ4585984

Dean P. Foster, Sergiu Hart

Publication date: 11 September 2018

Published in: Theoretical Economics (Search for Journal in Brave)

zbMATH Keywords

wealthreserverisky assetriskinessgamble

Mathematics Subject Classification ID

Decision theory (91B06) Probabilistic games; gambling (91A60)

Related Items (4)

On the Measurement of Economic Tail Risk ⋮ Riskiness in gambles that belong to the same location-scale family and with well-defined means and variances ⋮ Indexing gamble desirability by extending proportional stochastic dominance ⋮ Economic indices of absolute and relative riskiness

Cites Work

• Riskiness for sets of gambles
• Rejecting small gambles under expected utility
• Economic indices of absolute and relative riskiness
• On the adjustment coefficient, drawdowns and Lundberg-type bounds for random walk
• An Economic Index of Riskiness
• An Alternative Characterization of Decreasing Absolute Risk Aversion
• Risk Aversion in the Small and in the Large

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