Loomes, Graham; Segal, Uzi - In: Journal of Risk and Uncertainty 9 (1994) 3, pp. 239-56
A decision maker's attitude towards risk is said to be of order (i), (i) = 1, 2, if for every given risk (e) with expected value zero, the risk premium the decision maker is willing to pay to avoid the risk (te) goes with (t) to zero at the same order as t[superscript i]. This article presents...
