A contribution to duality theory, applied to the measurement of risk aversion

DOI10.1007/S00199-005-0053-7zbMATH Open1117.91020OpenAlexW2162737975WikidataQ57836371 ScholiaQ57836371MaRDI QIDQ868602FDOQ868602

Authors: Juan-Enrique Martínez-Legaz, John K.-H. Quah 

Publication date: 6 March 2007

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

Full work available at URL: https://doi.org/10.1007/s00199-005-0053-7

Recommendations

• Risk and Utility in the Duality Framework of Convex Analysis
• Risk aversion in the small and Jensen inequalities
• The Dual Theory of Choice under Risk
• Concave/convex weighting and utility functions for risk: a new light on classical theorems
• Concavity, stochastic utility, and risk aversion

zbMATH Keywords

production functionconcavitydualitycost curveshomothetic preferencesindirect utility functionBernoulli utility function

Mathematics Subject Classification ID

Individual preferences (91B08) Utility theory (91B16) Consumer behavior, demand theory (91B42)

Cites Work

• Microeconomic theory
• Risk Aversion in the Small and in the Large
• Constant, Increasing and Decreasing Risk Aversion with Many Commodities
• A Matrix Measure of Multivariate Local Risk Aversion
• Behavior Towards Risk with Many Commodities
• Title not available (Why is that?)
• The Law of Demand and Risk Aversion
• On Multivariate Risk Aversion
• Risk Aversion and Consumer Preferences
• The Monotonicity of Individual and Market Demand
• Arrow-Pratt Measures of Risk Aversion: The Multivariate Case

Cited In (6)

• Measurement of relative inequity and Yaari's dual theory of risk.
• Preferences over location-scale family
• Duality and consumption decisions under income and price risk
• Welfare variations and the comparative statics of demand
• General dual measures of riskiness
• Is there a plausible theory for decision under risk? A dual calibration critique

This page was built for publication: A contribution to duality theory, applied to the measurement of risk aversion

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q868602)