Showing 1 - 10 of 785
Persistent link: https://www.econbiz.de/10011756804
superior. The intuition is simple: if underlying technologies are not convex, then risk-sharing can lower expected utility. The …
Persistent link: https://www.econbiz.de/10003939953
Persistent link: https://www.econbiz.de/10008748222
Persistent link: https://www.econbiz.de/10013371135
Persistent link: https://www.econbiz.de/10011747409
Persistent link: https://www.econbiz.de/10003942031
Persistent link: https://www.econbiz.de/10003957595
Persistent link: https://www.econbiz.de/10009748971
an objective function that may be household expected utility. We show how to derive a target criterion that is 1 … setting, in which the objective of policy is to maximize household expected utility. -- optimal policy ; target criterion …
Persistent link: https://www.econbiz.de/10009411129
an objective function that may be household expected utility. We show how to derive a target criterion that is: (i …-setting, in which the objective of policy is to maximize household expected utility …
Persistent link: https://www.econbiz.de/10012462898