Belles-Sampera, Jaume; Guillén, Montserrat; Santolino, … - Institut de Recerca en Economia Aplicada (IREA), … - 2015
Understanding the attitude to risk implicit within a risk measure sheds some light on the way in which decision makers perceive losses. In this paper, a two-stage strategy is developed to characterize the underlying risk attitude involved in a risk evaluation, when executed by the family of...