The risk aversion measure without the independence axiom

DOI10.1007/BF00148959zbMath0637.90011WikidataQ114695017 ScholiaQ114695017MaRDI QIDQ1099049

Aldo Montesano

Publication date: 1988

Published in: Theory and Decision (Search for Journal in Brave)

zbMATH Keywords

independence axiomrisk premiummeasure of risk aversionArrow-Pratt absolute index

Mathematics Subject Classification ID

Utility theory (91B16)

Related Items (6)

First-order risk aversion and non-differentiability ⋮ Observing different orders of risk aversion ⋮ The price for information about probabilities and its relation with risk and ambiguity ⋮ Measures of risk aversion with expected and nonexpected utility ⋮ On the definition of risk aversion ⋮ Uncertainty aversion and aversion to increasing uncertainty

Cites Work

• A note on the generalised measures of risk aversion
• Risk aversion in the theory of expected utility with rank dependent probabilities
• Risk Aversion and Consumer Preferences
• The Dual Theory of Choice under Risk
• Risk Aversion in the Small and in the Large
• Behavior Towards Risk with Many Commodities
• Risk Aversion and Demand Functions

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