Increasing risk with state-dependent preferences

DOI10.1016/0022-0531(85)90068-7zbMATH Open0553.90004OpenAlexW1964388773MaRDI QIDQ759604FDOQ759604

Authors: Edi Karni 

Publication date: 1985

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

Full work available at URL: https://doi.org/10.1016/0022-0531(85)90068-7

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zbMATH Keywords

uncertaintycomparative statics analysisincreasing risk for state-dependent preferencesportfolio problem

Mathematics Subject Classification ID

Decision theory (91B06) Individual preferences (91B08)

Cites Work

• Risk Aversion for State-Dependent Utility Functions: Measurement and Applications
• Increasing risk with state-dependent preferences
• A bibliographical note on a theorem of Hardy, Littlewood, and Polya

Cited In (19)

• Subjective probabilities and utility with event-dependent preferences
• Mean utility preserving increases in risk for state dependent utility functions
• Background risk and the demand for state-contingent claims
• Coherent decision analysis with inseparable probabilities and utilities
• Recent developments in modeling preferences: Uncertainty and ambiguity
• Subjective probability under additive aggregation of conditional preferences
• Risk and risk aversion when states of nature matter
• State-independent subjective expected lexicographic utility
• Utility of gambling when events are valued: An application of inset entropy
• The shape of incomplete preferences
• State dependent choice
• Lexicographic state-dependent subjective expected utility
• A theorem for Bayesian group decisions
• Behavioral probabilities
• Increasing risk with state-dependent preferences
• Characterizing the efficient set when preferences are state-dependent
• Event-separability in the Ellsberg urn
• Risk, ambiguity, and state-preference theory
• Instrument-dependent randomness and increases in risk

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