Increases in risk with kinked payoff functions

DOI10.1016/0022-0531(82)90024-2zbMath0495.90003OpenAlexW2091030733WikidataQ56553519 ScholiaQ56553519MaRDI QIDQ1169912

S. M. Ravi Kanbur

Publication date: 1982

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

Full work available at URL: https://doi.org/10.1016/0022-0531(82)90024-2

zbMATH Keywords

bankruptcydecision making under uncertaintynon-differentiable kinked payoff functionpiecewise linear tax functionsrisk increases

Mathematics Subject Classification ID

Decision theory (91B06)

Related Items (5)

Instrument effects and stochastic dominance ⋮ Increases in risk and deductible insurance ⋮ Comparative statics of changes in risk on monotonically and partially responsive kinked payoffs ⋮ On demand uncertainty in the newsvendor model ⋮ Instrument-dependent randomness and increases in risk

Cites Work

• Impatience, Information and Risk Taking in a General Equilibrium Model of Occupational Choice

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