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Persistent link: https://www.econbiz.de/10001672028
We reconsider the principles of diminishing transfer (introduced by Kolm [1976]) and dual diminishing transfer (introduced by Mehran [1976]). It appears that if a Rank Dependent Expected Utility (RDEU) maximizer respects the principle of diminishing (resp. dual diminishing) transfer, then he...
Persistent link: https://www.econbiz.de/10010750864
Persistent link: https://www.econbiz.de/10007664464
Persistent link: https://www.econbiz.de/10005112349
We reconsider the principles of diminishing transfer (introduced by Kolm [1976]) and dual diminishing transfer (introduced by Mehran [1976]). It appears that if a Rank Dependent Expected Utility (RDEU) maximizer respects the principle of diminishing (resp. dual diminishing) transfer, then he...
Persistent link: https://www.econbiz.de/10008795221