Risk aversion and expected utility of consumption over time
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Recommendations
- Risk aversion and expected-utility theory: a calibration exercise
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Cites work
- An index of loss aversion
- Consumer Demand and the Life-Cycle Allocation of Household Expenditures
- Dilemmas of an Economic Theorist
- Optimum consumption and portfolio rules in a continuous-time model
- Rejecting small gambles under expected utility
- Risk aversion and expected utility of consumption over time
- Risk aversion and expected-utility theory: a calibration exercise
- Small- and large-stakes risk aversion: Implications of concavity calibration for decision theory
- The economics of risk and time
Cited in
(9)- A verification of the expected utility calibration theorem
- Hedonic Utility, Loss Aversion and Moral Hazard
- Quantifying the Cost of Risk in Consumption
- Calibration Results for Non-Expected Utility Theories
- On the existence of expected utility with CRRA under STUR
- Willingness to pay for risk reduction and risk aversion without the expected utility assumption
- Risk aversion and expected-utility theory: a calibration exercise
- Expected utility and catastrophic consumption risk
- Risk aversion and expected utility of consumption over time
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