...
首页> 外文期刊>Theory and Decision >Some conditions for the equivalence between risk aversion, prudence and temperance
【24h】

Some conditions for the equivalence between risk aversion, prudence and temperance

机译:风险厌恶,谨慎和节制之间的等同物的某些条件

获取原文
获取原文并翻译 | 示例
           

摘要

Abstract We study relationships between different aspects of risk preferences. We show that, under the assumptions of non-satiation and bounded marginal utility, some additional conditions on the asymptotic behaviour of the indices of relative prudence and relative temperance ensure that risk aversion, prudence and temperance are equivalent. Similar conclusions are derived for higher-degree risk aversion. Moreover, some links between indices of relative risk aversion of different degrees are derived. The implications of these results for several economic problems which involve risk changes are discussed.
机译:摘要我们研究风险偏好的不同方面之间的关系。我们表明,在非饱结和有界边际效用的假设下,关于相对谨慎和相对节制指数的渐近行为的一些额外条件确保风险厌恶,谨慎和温度等同。对于高度的风险厌恶来得出类似的结论。此外,推导出不同程度的相对风险厌恶索引之间的一些链接。讨论了这些涉及风险变化的几个经济问题的结果的影响。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号