event. Few studies analyzed, however, the risk of these new companies. The contribution of this paper meet specifically this … idiosyncratic risk over the public offerings base on the BM&FBovespa between 2004-2014. When risk is not considered, the results … companies without this kind of management in the first five years post IPO. However, in the presence of risk adjustment, the …

An article about Kihlstrom and Mirman about comparative risk aversion with many goods is critiqued. If "more risk … averse" is interpreted as signifying that an individual is less willing to accept a median-preserving spread, then risk … individual has a greater directional risk premium, then risk aversion may be compared across individuals with different …