Risk aversion with nothing to lose

DOI10.1016/J.JET.2024.105902MaRDI QIDQ6604789zbMATHFDO

Authors Stefano Pegoraro

Publication date 13 September 2024

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

zbMATH Keywords

dynamic programmingrisk aversionrisk shiftingdistressendogenous risk attitudes

Mathematics Subject Classification ID

Decision theory (91B06) Dynamic programming (90C39)

Recommendations

• Risk aversion in a model of endogenous growth
• Proper Risk Aversion
• Status, intertemporal choice, and risk-taking
• Learning and risk aversion
• Risk, uncertainty, and option exercise

Cites work

• Capital immobility and the reach for yield
• Continuous-time stochastic control and optimization with financial applications
• Controlled Markov processes and viscosity solutions
• Incentives, project choice, and dynamic multitasking
• On the smoothness of value functions and the existence of optimal strategies in diffusion models
• Optimal asset management contracts with hidden savings
• Optimal dynamic contracts with moral hazard and costly monitoring
• Optimization of the flow of dividends

This page was built for publication: Risk aversion with nothing to lose

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q6604789)