Add to ORKGPratt (1964) and Yaari (1969) contain the classical results pertaining to the equivalence of various notions of comparative risk aversion of von Neumann-Morgenstern utilities in the setting with real-valued outcomes. Some of these results have been extended to the setting with outcomes inComparative risk aversion, vector space of outcomes, acceptance set, vector-valued risk premia, vector-valued Arrow-Pratt coefficient, Pettis integral, ordered topological vector spaces, ordered Hilbert spaces
The paper discusses criteria for comparing risk aversion of decision makers when outcomes are multid...
The paper discusses criteria for comparing risk aversion of decision makers when outcomes are multid...
The paper discusses criteria for comparing risk aversion of decision makers when outcomes are multid...
equivalence of various notions of comparative risk aversion of von Neumann-Morgenstern utilities in ...
We consider a decision-making environment with an outcome space that is a convex and compact subset ...
Abstract Consider lotteries µ and λ with vector outcomes. Let 1 be the relation that declares µ to b...
The Author considera a decision-making environment with an outcome space that is a convex and compac...
The paper discusses criteria for comparing risk aversion of decision makers when outcomes are multid...
Key results of Pratt (1964), and Arrow (1971), Yaari (1969), and Kihlstrom & Mirman (1974) on the co...
The paper discusses criteria for comparing risk aversion of decision makers when outcomes are multid...
This note determines a sufficient condition on (von Neumann-Morgenstern) utility functions to preser...
This paper extends Machina's (Econometrica 50 (1982), 277-323) characterization of risk aversion for...
The decision-making situation under risk is defined and the certainty equivalent of a lottery with u...
Risk aversion is traditionally defined in the context of lotteries over monetary payoffs. This paper...
The decision-making situation under risk is defined and the certainty equivalent of a lottery with u...
The paper discusses criteria for comparing risk aversion of decision makers when outcomes are multid...
The paper discusses criteria for comparing risk aversion of decision makers when outcomes are multid...
The paper discusses criteria for comparing risk aversion of decision makers when outcomes are multid...
equivalence of various notions of comparative risk aversion of von Neumann-Morgenstern utilities in ...
We consider a decision-making environment with an outcome space that is a convex and compact subset ...
Abstract Consider lotteries µ and λ with vector outcomes. Let 1 be the relation that declares µ to b...
The Author considera a decision-making environment with an outcome space that is a convex and compac...
The paper discusses criteria for comparing risk aversion of decision makers when outcomes are multid...
Key results of Pratt (1964), and Arrow (1971), Yaari (1969), and Kihlstrom & Mirman (1974) on the co...
The paper discusses criteria for comparing risk aversion of decision makers when outcomes are multid...
This note determines a sufficient condition on (von Neumann-Morgenstern) utility functions to preser...
This paper extends Machina's (Econometrica 50 (1982), 277-323) characterization of risk aversion for...
The decision-making situation under risk is defined and the certainty equivalent of a lottery with u...
Risk aversion is traditionally defined in the context of lotteries over monetary payoffs. This paper...
The decision-making situation under risk is defined and the certainty equivalent of a lottery with u...
The paper discusses criteria for comparing risk aversion of decision makers when outcomes are multid...
The paper discusses criteria for comparing risk aversion of decision makers when outcomes are multid...
The paper discusses criteria for comparing risk aversion of decision makers when outcomes are multid...