Correlated risks, bivariate utility and optimal choices
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Publication:617346
DOI10.1007/s00199-009-0500-yzbMath1203.91055OpenAlexW2137596901MaRDI QIDQ617346
Mario Menegatti, Michel M. Denuit, Louis R. Eeckhoudt
Publication date: 21 January 2011
Published in: Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1007/s00199-009-0500-y
background riskprecautionary savingsbivariate higher order increasing concave stochastic dominancerisks correlation
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Cites Work
- Some consequences of correlation aversion in decision science
- Precautionary saving in the presence of other risks: a comment
- Optimal saving in the presence of two risks
- A class of bivariate stochastic orderings, with applications in actuarial sciences
- On risk aversion with two risks
- Extremal generators and extremal distributions for the continuous \(s\)-convex stochastic orderings
- Precautionary saving in the presence of other risks
- Multiple Risks and Mean-Variance Preferences
- The s-convex orders among real random variables, with applications
- Changes in Background Risk and Risk Taking Behavior
- Standard Risk Aversion
- On the conditions for precautionary saving
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