Multiplicative risk apportionment

DOI10.1016/j.mathsocsci.2010.03.003zbMath1232.91230WikidataQ59356419 ScholiaQ59356419MaRDI QIDQ991323

Jingyuan Li, Jianli Wang

Publication date: 7 September 2010

Published in: Mathematical Social Sciences (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.mathsocsci.2010.03.003

zbMATH Keywords

higher-order multiplicative risk apportionment; higher-order relative risk aversion

Mathematics Subject Classification ID

91B16: Utility theory

Related Items

Another look at risk apportionment, Decreasing downside risk aversion and background risk, The impact of prudence on optimal prevention revisited, Background risk, bivariate risk attitudes, and optimal prevention, Increases in skewness and three-moment preferences, A new interpretation of the condition for precautionary saving in the presence of an interest-rate risk, Precautionary self-insurance-cum-protection, Precautionary saving in the presence of labor income and interest rate risks, Changes in multiplicative background risk and risk-taking behavior, New results for additive and multiplicative risk apportionment, Health care investment: the case of multiple sources of risk, Benchmark values for higher order coefficients of relative risk aversion

Cites Work

• Comparative higher-degree Ross risk aversion
• Apportioning of risks via stochastic dominance
• The values of relative risk aversion and prudence: a context-free interpretation
• Mixed risk aversion
• Higher-order generalizations of Arrow-Pratt and Ross risk aversion: a comparative statics approach
• Exploring Higher Order Risk Effects
• Multiattribute Utility Satisfying a Preference for Combining Good with Bad