Risk-aversion, prudence and temperance

DOI10.1016/0165-1765(94)00636-GMaRDI QIDQ672909zbMATH OpenFDO

Authors Christian Gollier, Thierry Schneider, Louis Eeckhoudt

Publication date 28 February 1997

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/0165-1765(94)00636-G

zbMATH Keywords

PrudenceTemperanceTranslation of an increase in risk

Mathematics Subject Classification ID

Utility theory (91B16)

Recommendations

• Some conditions for the equivalence between risk aversion, prudence and temperance
• New results on the relationship among risk aversion, prudence and temperance
• Prudence, temperance, edginess, and risk apportionment as decreasing sensitivity to detrimental changes
• Proper Risk Aversion
• Basic risk aversion
• The behavioural components of risk aversion
• Risk aversion and self-insurance
• scientific article; zbMATH DE number 952988
• Increases in prudence and increases in risk aversion

Cites work

• Necessary conditions for comparative statics under uncertainty
• Standard Risk Aversion

Cited in

(30)

• Increasing outer risk
• Variance stochastic orders
• Proper Risk Aversion
• THE DEMAND FOR A RISKY ASSET: SIGNING, JOINTLY AND SEPARATELY, THE EFFECTS OF THREE DISTRIBUTIONAL SHIFTS
• The principle of strong diminishing transfer
• Some conditions for the equivalence between risk aversion, prudence and temperance
• Idiosyncratic risk and the equity premium
• Increases in prudence and increases in risk aversion
• Young, timid, and risk takers
• scientific article; zbMATH DE number 952988 (Why is no real title available?)
• Prudence, temperance, edginess, and risk apportionment as decreasing sensitivity to detrimental changes
• Differentiability of von Neumann-Morgenstern utility functions
• A \textit{meta}-measure of performance related to both investors and investments characteristics
• A general theory of risk apportionment
• Mixed risk aversion and preference for risk disaggregation: a story of moments
• The consumption-based determinants of the term structure of discount rates
• The economics of adding and subdividing independent risks: Some comparative statics results
• Risk apportionment: the dual story
• Inventory and pricing decisions when dealing with strategic consumers: a comprehensive analysis
• The optimal contract under adverse selection in a moral-hazard model with a risk-averse agent
• The values of relative risk aversion and prudence: a context-free interpretation
• On the relationship between absolute prudence and absolute risk aversion
• Constant risk aversion
• On temperance and risk spreading
• Higher order risk attitudes, demographics, and financial decisions
• New results on the relationship among risk aversion, prudence and temperance
• On non-monetary measures in the face of risks and the signs of the derivatives
• A scalable Bayesian persuasion framework for epidemic containment on heterogeneous networks
• Characterizing cautious choice
• Stochastically dominating shifts and the competitive firm

This page was built for publication: Risk-aversion, prudence and temperance

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q672909)