On risk aversion with two risks

DOI10.1016/S0304-4068(97)00058-XzbMath1057.91504OpenAlexW2052205513MaRDI QIDQ1300410

Marco Scarsini, Israel Finkelshtain, Offer Kella

Publication date: 1999

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0304-4068(97)00058-x

zbMATH Keywords

ConcavityRisk aversionBivariate risk aversionPositive dependenceSubmodularity

Mathematics Subject Classification ID

Related Items (23)

Risk aversion with two risks: a theoretical extension ⋮ Optimal risk sharing with background risk ⋮ Precautionary saving in the presence of other risks ⋮ Optimal allocation of policy deductibles for exchangeable risks ⋮ New results on high-order risk changes ⋮ Precautionary saving under many risks ⋮ Financial risk taking in the presence of correlated non-financial background risk ⋮ Correlated risks, bivariate utility and optimal choices ⋮ Most unfavorable deductibles and coverage limits for multiple random risks with Archimedean copulas ⋮ Comparative ross risk aversion in the presence of mean dependent risks ⋮ Pigouvian tax, abatement policies and uncertainty on the environment ⋮ Preserving the Rothschild-Stiglitz type increase in risk with background risk: a characterization ⋮ The newsvendor game has a nonempty core ⋮ Statistical detection and classification of background risks affecting inputs and outputs ⋮ Optimal capital allocations to interdependent actuarial risks ⋮ Risk reducers in convex order ⋮ Labor supply with stochastic wage rate and non-labor income uncertainty ⋮ Comparative risk aversion with two risks ⋮ Optimal saving in the presence of two risks ⋮ The newsvendor problem under multiplicative background risk ⋮ Diversification and risk attitudes toward two risks ⋮ Unnamed Item ⋮ Patchwork Constructions of Multiattribute Utility Functions

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