Relative Risk Aversion
An individual's preference for risky alternatives is influenced by the strength of preference he feels for the consequences and his attitude toward risk taking. Conventional measures of risk attitude confound these two factors. In this paper we formally separate these factors and explore how th...
Veröffentlicht in: | Management Science. - Institute for Operations Research and the Management Sciences, 1954. - 28(1982), 8, Seite 875-886 |
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Format: | Online-Aufsatz |
Sprache: | English |
Veröffentlicht: |
1982
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Zugriff auf das übergeordnete Werk: | Management Science |
Schlagworte: | Utility/Preference-Theory Economics Behavioral sciences Mathematics Health sciences Philosophy |
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