relative to any sharing rule. Recent research on risk-neutral partnerships, in both the deterministic and stochastic case …

. The record resembles that of a mutual fund that has taken on greater risk over time. There is no evidence that the Fund …

country risk, including the degree of security risk - the possibility that local staff of facilities could be subject to …

is whether popular attitudes, as elicited in these surveys, convey any information about trust, risk, or transactions …

This paper presents an axiomatic model of probabilistic choice under risk. In this model, when it comes to choosing one …

theory such as the fourfold pattern of risk attitudes, the discrepancy between certainty equivalent and probability …

Economic research offers two traditional ways of analyzing decision making under risk. One option is to compare the …

This paper shows that the precautionary premium embodies a tradeoff between risk and downside risk. It is the size of a … mean-preserving spread for thish the strength of aversion to risk just offsets the strength of aversion to downside risk …. Using this result, decreasing absolute prudence can be interpreted as meaning that the amount of exposure to risk (as …