Mixed risk aversion

From MaRDI portal
Publication:1361865

DOI10.1006/jeth.1996.0130zbMath0877.90009OpenAlexW2050905651MaRDI QIDQ1361865

Alexey Pomansky, Jordi Caballé

Publication date: 28 July 1997

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

Full work available at URL: https://semanticscholar.org/paper/1b4e70e1f4ec34230fcfb8e575a10c6c43aa7f16




Related Items (61)

Restricted increases in risk aversion and their applicationNew results on high-order risk changesStandard stochastic dominancePrudence, temperance, edginess, and risk apportionment as decreasing sensitivity to detrimental changesRepetitive risk aversionA \textit{meta}-measure of performance related to both investors and investments characteristicsOn ambiguity apportionmentNonmonotonic risk preferences over lottery comparisonStochastic dominance and absolute risk aversionInvestment flexibility and the acceptance of riskJoint stochastic orders of high degrees and their applications in portfolio selectionsPrecautionary self-insurance-cum-protectionA note on risky targets and effortA note on changes in additive risky benefits and risky costsOn temperance and risk spreadingMixed risk aversion and preference for risk disaggregation: a story of momentsThe value of risk reduction: new tools for an old problemMoment characterization of higher-order risk preferencesSome conditions for the equivalence between risk aversion, prudence and temperanceFractional-degree expectation dependenceAmbiguity aversion, higher-order risk attitude and optimal effortGreater Arrow-Pratt (absolute) risk aversion of higher ordersThe demand for a risky asset in the presence of a background riskNew results for additive and multiplicative risk apportionmentPossibilistic risk aversion in group decisions: theory with application in the insurance of giga-investments valued through the fuzzy pay-off methodMoment Risks: Investment for Self and for a FirmSubstituting one risk increase for another: a method for measuring risk aversionCharacterizations of Smooth Ambiguity Based on Continuous and Discrete DataStronger measures of higher-order risk attitudesRisky targets and effortBenchmark values for higher order coefficients of relative risk aversionPreserving dominance relations through disaggregation: the evil and the saintAggregation of preferences for skewed asset returnsComparative higher-degree Ross risk aversionDecreasing ross risk aversion: higher-order generalizations and implicationsConvex orders for linear combinations of random variablesHigher-order generalizations of Arrow-Pratt and Ross risk aversion: a comparative statics approachDecision Making When Things Are Only a Matter of TimeOptimal initial capital induced by the optimized certainty equivalentA class of multiattribute utility functionsRisk apportionment and multiply monotone targetsHigher-order risk vulnerabilityHigher-degree stochastic dominance optimality and efficiencyTHE DEMAND FOR A RISKY ASSET: SIGNING, JOINTLY AND SEPARATELY, THE EFFECTS OF THREE DISTRIBUTIONAL SHIFTSON NON-MONETARY MEASURES IN THE FACE OF RISKS AND THE SIGNS OF THE DERIVATIVESPortfolio selection in multidimensional general and partial moment spaceNew results on the relationship among risk aversion, prudence and temperanceChanges in risk and strategic interactionGENERAL PROPERTIES OF ISOELASTIC UTILITY ECONOMIESMonotone transformation of utility: Some particular casesStochastic dominance and optimal portfolioDecreasing higher-order absolute risk aversion and higher-degree stochastic dominanceMultiplicative risk apportionmentOPTIMUM INSURANCE CONTRACTS WITH BACKGROUND RISK AND HIGHER-ORDER RISK ATTITUDESBringing order to rankings of utility functions by strong increases in \(n\)th order aversion to riskThe non-integer higher-order stochastic dominanceWould a risk-averse newsvendor order less at a higher selling price?Complete monotonicity, background risk, and risk aversionAn interpretation of the condition for precautionary saving: the case of greater higher-order interest rate riskOn the relationship between comparisons of risk aversion of different ordersMeasures of risk attitude: correspondences between mean-variance and expected-utility approaches




This page was built for publication: Mixed risk aversion