Reversibly greater downside risk aversion by a prudence-based measure

DOI10.1016/J.ECONLET.2021.110188zbMath1480.91103OpenAlexW4225347844MaRDI QIDQ2069980

Arthur Snow, Donald C. Keenan

Publication date: 21 January 2022

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2021.110188

zbMATH Keywords

prudencerisk aversiondownside risk aversion

Mathematics Subject Classification ID

Utility theory (91B16)

Cites Work

• Who should exert more effort? Risk aversion, downside risk aversion and optimal prevention
• On the intensity of downside risk aversion
• Greater downside risk aversion in the large
• Greater downside risk aversion
• Greater prudence and greater downside risk aversion
• Wealth effects in the principal agent model
• Wealth effects and agency costs
• Greater parametric downside risk aversion
• Greater Arrow-Pratt (absolute) risk aversion of higher orders
• On the moral hazard problem without the first-order approach

This page was built for publication: Reversibly greater downside risk aversion by a prudence-based measure