Add to ORKGIn this paper, it is shown that for a wide range of risk-averse generalized expected utility preferences, independent risks are complementary, conrary to the results for expected utility preferences satisfying conditions such as proper and standard risk aversion
Within the expected-utility framework, the only explanation for risk aversion is that the utility fu...
International audienceWe consider necessary and sufficient conditions for risk aversion to one risk ...
The paper examines the properties of a generalised mean of simple utilities each displaying risk ave...
In this paper, it is shown that, for a wide range of risk-averse generalized expected utility prefer...
In this paper, it is shown that, for a wide range of risk-averse generalized expected utility prefer...
In this paper, concepts of comparative risk aversion are developed for generalized risk averse prefe...
This paper extends M. J. Machina's generalized expected utility analysis to preferences over multiva...
Abstract: In the literature, utility functions in the expected utility class are generically limited...
Expected utility functions are limited to second-order (conditional) risk aversion, while non-expect...
Expected utility with rank dependent probability theory is a model of decision-making under risk whe...
I study preferences defined on the set of real valued random variables as a model of economic behavi...
This article reviews two major approaches used in the past for risk analysis-the expected utility ap...
Ever since von Neumann and Morgenstern presented their expected utility theory, the axioms (assump...
textabstractThis paper is motivated by the search for one cardinal utility for decisions under risk,...
In this article, it is shown that a wide range of comparative statics results from expected utility ...
Within the expected-utility framework, the only explanation for risk aversion is that the utility fu...
International audienceWe consider necessary and sufficient conditions for risk aversion to one risk ...
The paper examines the properties of a generalised mean of simple utilities each displaying risk ave...
In this paper, it is shown that, for a wide range of risk-averse generalized expected utility prefer...
In this paper, it is shown that, for a wide range of risk-averse generalized expected utility prefer...
In this paper, concepts of comparative risk aversion are developed for generalized risk averse prefe...
This paper extends M. J. Machina's generalized expected utility analysis to preferences over multiva...
Abstract: In the literature, utility functions in the expected utility class are generically limited...
Expected utility functions are limited to second-order (conditional) risk aversion, while non-expect...
Expected utility with rank dependent probability theory is a model of decision-making under risk whe...
I study preferences defined on the set of real valued random variables as a model of economic behavi...
This article reviews two major approaches used in the past for risk analysis-the expected utility ap...
Ever since von Neumann and Morgenstern presented their expected utility theory, the axioms (assump...
textabstractThis paper is motivated by the search for one cardinal utility for decisions under risk,...
In this article, it is shown that a wide range of comparative statics results from expected utility ...
Within the expected-utility framework, the only explanation for risk aversion is that the utility fu...
International audienceWe consider necessary and sufficient conditions for risk aversion to one risk ...
The paper examines the properties of a generalised mean of simple utilities each displaying risk ave...