| Titre : | A general index of absolute risk attitude (2010) |
| Auteurs : | Michel M. Denuit, Auteur ; Louis Eeckhoudt, Auteur |
| Type de document : | Article : texte imprimé |
| Dans : | Management science (Vol. 56 N° 4, Avril 2010) |
| Article en page(s) : | pp. 712-715 |
| Note générale : | Management |
| Langues : | Anglais |
| Index. décimale : | 658 (Organisation des entreprises. Techniques du commerce) |
| Tags : | Comparative risk attitude Nth degree increase in Absolute prudence temperance |
| Résumé : | Many results involving expected utility theory call upon the notions of absolute risk aversion, prudence, and/or temperance. This paper exploits a representation of the Friedman–Savage utility premium (Friedman, M., L. J. Savage. 1948. The utility analysis of choices involving risk. J. Political Econom. 56(4) 279–304) to give a general foundation for such coefficients and for their higher-order extensions. |
| DEWEY : | 658 |
| ISSN : | 0025-1909 |
| En ligne : | http://mansci.journal.informs.org/content/56/4.toc |
