Paying to improve your chances: Gambling or insurance?
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Publication:806813
DOI10.1007/BF00056159zbMath0729.90711OpenAlexW2065398971MaRDI QIDQ806813
Martin McGuire, John W. Pratt, Richard J. Zeckhauser
Publication date: 1991
Published in: Journal of Risk and Uncertainty (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1007/bf00056159
Related Items (7)
Conditional payments and self-protection ⋮ Willingness to pay, the risk premium and risk aversion ⋮ Risky targets and effort ⋮ Do risk lovers invest in self-protection? ⋮ The effect of the background risk in a simple chance improving decision model ⋮ Degree of downside risk aversion and self-protection ⋮ The market value of preventive activities: A contingent-claims approach
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