Multivariate prevention decisions: safe today or sorry tomorrow?

DOI10.1016/J.ECONLET.2015.01.016MaRDI QIDQ498864zbMATH OpenOpenAlexFDO

Authors Annette Hofmann, Richard Peter

Publication date 29 September 2015

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2015.01.016

zbMATH Keywords

decision-making under riskintertemporal risk managementprevention

Mathematics Subject Classification ID

Decision theory (91B06)

Recommendations

• On the substitution between saving and prevention
• Optimal prevention and prudence in a two-period model
• The impact of prudence on optimal prevention
• Optimal prevention and other risks in a two-period model
• Background risk, bivariate risk attitudes, and optimal prevention

Cites work

• Aggregation and Linearity in the Provision of Intertemporal Incentives
• Coordinating Coordination Failures in Keynesian Models
• Optimal prevention and prudence in a two-period model
• Rationalizability, Learning, and Equilibrium in Games with Strategic Complementarities

Cited in

(6)

• Subsidizing risk prevention
• Protection in numbers? Self-protection as a local public good
• The impact of ambiguity and prudence on prevention decisions
• The impact of prudence on optimal prevention revisited
• Optimal prevention of large risks with two types of claims
• When Risk Perception Gets in the Way: Probability Weighting and Underprevention

This page was built for publication: Multivariate prevention decisions: safe today or sorry tomorrow?

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q498864)