Dionne, Georges; Eeckhoudt, Louis; Gollier, Christian - In: International Economic Review 34 (1993) 2, pp. 309-19
This paper is concerned with the effect of increases in risk on optimal decision variables for the class of linear payoffs. The authors show that, for this class of payoffs, one can extend the class of admissible increases in risk and obtain the desirable comparative statics properties. They...