Similar Search Results

Constant relative risk aversion and form equivalence classes

Battermann, Harald L.; Broll, Udo; Wahl, Jack E. - 1997

We derive a class of utility functions that are equivalent with respect to a well-defined functional form. We apply a general view of constant relative risk aversion to investigate on different equivalence relations. Then we compare our results with standard applications in economics and finance.

Persistent link: https://www.econbiz.de/10009675762

Constant relative risk aversion and form equivalence classes

Battermann, Harald L. - 1997

Persistent link: https://www.econbiz.de/10013388229

Revealing Risky Mistakes through Revisions

Breig, Zachary; Feldman, Paul - 2021

experiment, we allow subjects to choose from budgets over binary lotteries. To identify mistakes, which we interpret as …

Persistent link: https://www.econbiz.de/10013312429

Comparing Behavior Under Risk and Under Ambiguity in a Lifecycle Experiment

Carbone, Enrica - 2015

long horizons. We present an experiment comparing decision making under certainty, risk, and ambiguity, over a shorter …

Persistent link: https://www.econbiz.de/10013033292

Experiments in transport related choices : the influence of risk and uncertainty in determining commuters' behaviour with respect to parking alternatives

Bergantino, Angela Stefania; De Carlo, Angela; Morone, … - 2013

influence drivers' behaviours in parking decision. This paper presents the preliminary outcomes of a laboratory experiment …, results of the quasi-experiment's outcome are compared with experimental evidence, in order to identify potential significant …

Persistent link: https://www.econbiz.de/10011570797