Showing 1 - 10 of 14
Persistent link: https://www.econbiz.de/10010513792
Persistent link: https://www.econbiz.de/10009240668
Persistent link: https://www.econbiz.de/10011377469
Persistent link: https://www.econbiz.de/10003748540
Persistent link: https://www.econbiz.de/10003628247
Persistent link: https://www.econbiz.de/10011297143
Persistent link: https://www.econbiz.de/10003171920
In this paper, we indicate that risk vulnerability can be associated with the concept of downside risk aversion (DRA) and an assumption about its behavior, namely that it is decreasing in wealth. Specifically, decreasing downside risk aversion in the Arrow-Pratt and Ross senses are respectively...
Persistent link: https://www.econbiz.de/10013059225
Persistent link: https://www.econbiz.de/10012545263
Persistent link: https://www.econbiz.de/10012589941