Multiplicative risk apportionment

This paper examines changes in a multiplicative risk and how these changes affect preferences in an expected-utility setting. We define higher-order multiplicative risk apportionment, via a particular classes of lottery preference and show it is equivalent to the magnitude of higher-order relative risk aversion.

MoreLess

Year of publication:	2010
Authors:	Wang, Jianli ; Li, Jingyuan
Published in:	Mathematical Social Sciences. - Elsevier, ISSN 0165-4896. - Vol. 60.2010, 1, p. 79-81
Publisher:	Elsevier
Keywords:	Higher-order relative risk aversion Higher-order multiplicative risk apportionment

Online Resource

Check full text access |

More access options

Check Google Scholar

In libraries world-wide (WorldCat)

In German libraries (KVK)

subito order

I need help

More details

Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008488326