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Task scheduling and moral hazard

Mylovanov, Tymofiy; Schmitz, Patrick - In: Economic Theory 37 (2008) 2, pp. 307-320

Persistent link: https://www.econbiz.de/10005596772

Risk and risk aversion when states of nature matter

Werner, Jan - In: Economic Theory 41 (2009) 2, pp. 231-246

Persistent link: https://www.econbiz.de/10004976695

Extreme inequality aversion without separability

Bosmans, Kristof - In: Economic Theory 32 (2007) 3, pp. 589-594

Persistent link: https://www.econbiz.de/10005753164

More pessimism than greediness: a characterization of monotone risk aversion in the rank-dependent expected utility model

Chateauneuf, Alain; Cohen, Michéle; Meilijson, Isaac - In: Economic Theory 25 (2005) 3, pp. 649-667

This paper studies monotone risk aversion, the aversion to monotone, mean-preserving increase in risk (Quiggin [21]), in the Rank Dependent Expected Utility (RDEU) model. This model replaces expected utility by another functional, characterized by two functions, a utility function u in...

Persistent link: https://www.econbiz.de/10005753225

Repetitive risk aversion

Chander, Parkash - In: Economic Theory 29 (2006) 3, pp. 701-711

Persistent link: https://www.econbiz.de/10005753437

More on parametric characterizations of risk aversion and prudence

Eichner, Thomas; Wagener, Andreas - In: Economic Theory 21 (2003) 4, pp. 895-900

This note provides an alternative proof for the equivalence of decreasing absolute prudence (DAP) in the expected utility framework and in a two-parametric approach where utility is a function of the mean and the standard deviation. In addition, we elucidate that the equivalence of DAP and the...

Persistent link: https://www.econbiz.de/10005753470