Precautionary saving and risk aversion: an anticipated utility approach

DOI10.1016/0165-1765(88)90174-7zbMATH Open1328.91062OpenAlexW1521211407MaRDI QIDQ900145FDOQ900145

Authors: Uzi Segal, Avia Spivak, Joseph Zeira 

Publication date: 1 January 2016

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1765(88)90174-7

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Mathematics Subject Classification ID

Individual preferences (91B08) Utility theory (91B16)

Cites Work

• "Expected Utility" Analysis without the Independence Axiom
• Title not available (Why is that?)
• On the Existence of an Optimal Plan in a Continuous-Time Allocation Process

Cited In (8)

• Precautionary wealth accumulation: A positive third derivative is not enough
• On the conditions for precautionary saving
• Precautionary saving and the notion of ambiguity prudence
• Precautionary saving: a taxonomy of prudence
• Precautionary saving in the large: \(n\)th degree deteriorations in future income
• Optimal attention and heterogeneous precautionary saving behavior
• On the precautionary motive for savings and prudence in the rank-dependent utility framework
• Precautionary saving and fuzzy information

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