Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10009011028
Persistent link: https://www.econbiz.de/10002127042
Persistent link: https://www.econbiz.de/10002768914
Persistent link: https://www.econbiz.de/10001832360
We provide an axiomatic model of preferences over atemporal risks that generalizes Gul (1991) A Theory of Disappointment Aversion' by allowing risk aversion to be first order' at locations in the state space that do not correspond to certainty. Since the lotteries being valued by an agent in an...
Persistent link: https://www.econbiz.de/10012468587