Background risk and the demand for state-contingent claims

DOI10.1007/s00199-003-0368-1zbMath1069.91068OpenAlexW2089490349MaRDI QIDQ1424211

Marti G. Subrahmanyam, Richard C. Stapleton, Guenter Franke

Publication date: 11 March 2004

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

Full work available at URL: https://doi.org/10.1007/s00199-003-0368-1

zbMATH Keywords

Demand for tradable risk.Precautionary premium

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42)

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