Le Grand, François; Chassagnon, Arnold; Bommier, Antoine - Université Paris-Dauphine (Paris IX) - 2012
We consider a formal approach to comparative risk aversion and apply it to intertemporal choice models. This makes it possible to investigate whether standard classes of utility functions, such as those inspired from Kihlstrom and Mirman (1974), Selden (1978), Epstein and Zin (1989) or Quiggin...