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 application ⋮ New results on high-order risk changes ⋮ Standard stochastic dominance ⋮ Prudence, temperance, edginess, and risk apportionment as decreasing sensitivity to detrimental changes ⋮ Repetitive risk aversion ⋮ A \textit{meta}-measure of performance related to both investors and investments characteristics ⋮ On ambiguity apportionment ⋮ Nonmonotonic risk preferences over lottery comparison ⋮ Stochastic dominance and absolute risk aversion ⋮ Investment flexibility and the acceptance of risk ⋮ Joint stochastic orders of high degrees and their applications in portfolio selections ⋮ Precautionary self-insurance-cum-protection ⋮ A note on risky targets and effort ⋮ A note on changes in additive risky benefits and risky costs ⋮ On temperance and risk spreading ⋮ Mixed risk aversion and preference for risk disaggregation: a story of moments ⋮ The value of risk reduction: new tools for an old problem ⋮ Moment characterization of higher-order risk preferences ⋮ Some conditions for the equivalence between risk aversion, prudence and temperance ⋮ Fractional-degree expectation dependence ⋮ Ambiguity aversion, higher-order risk attitude and optimal effort ⋮ Greater Arrow-Pratt (absolute) risk aversion of higher orders ⋮ The demand for a risky asset in the presence of a background risk ⋮ New results for additive and multiplicative risk apportionment ⋮ Possibilistic risk aversion in group decisions: theory with application in the insurance of giga-investments valued through the fuzzy pay-off method ⋮ Moment Risks: Investment for Self and for a Firm ⋮ Substituting one risk increase for another: a method for measuring risk aversion ⋮ Characterizations of Smooth Ambiguity Based on Continuous and Discrete Data ⋮ Stronger measures of higher-order risk attitudes ⋮ Risky targets and effort ⋮ Benchmark values for higher order coefficients of relative risk aversion ⋮ Preserving dominance relations through disaggregation: the evil and the saint ⋮ Aggregation of preferences for skewed asset returns ⋮ Comparative higher-degree Ross risk aversion ⋮ Decreasing ross risk aversion: higher-order generalizations and implications ⋮ Convex orders for linear combinations of random variables ⋮ Higher-order generalizations of Arrow-Pratt and Ross risk aversion: a comparative statics approach ⋮ Decision Making When Things Are Only a Matter of Time ⋮ Optimal initial capital induced by the optimized certainty equivalent ⋮ A class of multiattribute utility functions ⋮ Risk apportionment and multiply monotone targets ⋮ Higher-order risk vulnerability ⋮ Higher-degree stochastic dominance optimality and efficiency ⋮ THE DEMAND FOR A RISKY ASSET: SIGNING, JOINTLY AND SEPARATELY, THE EFFECTS OF THREE DISTRIBUTIONAL SHIFTS ⋮ ON NON-MONETARY MEASURES IN THE FACE OF RISKS AND THE SIGNS OF THE DERIVATIVES ⋮ Portfolio selection in multidimensional general and partial moment space ⋮ New results on the relationship among risk aversion, prudence and temperance ⋮ Changes in risk and strategic interaction ⋮ GENERAL PROPERTIES OF ISOELASTIC UTILITY ECONOMIES ⋮ Monotone transformation of utility: Some particular cases ⋮ Stochastic dominance and optimal portfolio ⋮ Decreasing higher-order absolute risk aversion and higher-degree stochastic dominance ⋮ Multiplicative risk apportionment ⋮ OPTIMUM INSURANCE CONTRACTS WITH BACKGROUND RISK AND HIGHER-ORDER RISK ATTITUDES ⋮ Bringing order to rankings of utility functions by strong increases in \(n\)th order aversion to risk ⋮ The non-integer higher-order stochastic dominance ⋮ Would a risk-averse newsvendor order less at a higher selling price? ⋮ Complete monotonicity, background risk, and risk aversion ⋮ An interpretation of the condition for precautionary saving: the case of greater higher-order interest rate risk ⋮ On the relationship between comparisons of risk aversion of different orders ⋮ Measures of risk attitude: correspondences between mean-variance and expected-utility approaches
This page was built for publication: Mixed risk aversion