Skip navigation
Skip navigation
A change is coming. Click to see a sneak peek of the new Open Research Repository.

Increasing and Decreasing Risk Aversion for Generalized Preferences

Download (963.33 kB)

Quiggin, John; Chambers, R. G

Description

In this paper, concepts of comparative risk aversion are developed for generalized risk averse preferences. These measures are applied to the development of general concepts of increasing and decreasing risk aversion. A range of comparative static results for expected utility theory are generalized and extended.

dc.contributor.authorQuiggin, John
dc.contributor.authorChambers, R. G
dc.date.accessioned2002-05-14
dc.date.accessioned2004-05-19T09:51:00Z
dc.date.accessioned2011-01-05T08:43:07Z
dc.date.available2004-05-19T09:51:00Z
dc.date.available2011-01-05T08:43:07Z
dc.date.created2001
dc.identifier.urihttp://hdl.handle.net/1885/40528
dc.identifier.urihttp://digitalcollections.anu.edu.au/handle/1885/40528
dc.description.abstractIn this paper, concepts of comparative risk aversion are developed for generalized risk averse preferences. These measures are applied to the development of general concepts of increasing and decreasing risk aversion. A range of comparative static results for expected utility theory are generalized and extended.
dc.format.extent986449 bytes
dc.format.mimetypeapplication/pdf
dc.language.isoen_AU
dc.subjectcomparative risk aversion
dc.subjectrisk averse preferences
dc.subjectexpected utility theory
dc.titleIncreasing and Decreasing Risk Aversion for Generalized Preferences
dc.typeWorking/Technical Paper
local.description.refereedno
local.identifier.citationmonthdec
local.identifier.citationyear2001
local.identifier.eprintid359
local.rights.ispublishedyes
dc.date.issued2001
local.contributor.affiliationANU
local.contributor.affiliationSchool of Economics
local.citationWorking Papers in Economics and Econometrics No. 416
CollectionsANU Research Publications

Download

File Description SizeFormat Image
wp416.pdf963.33 kBAdobe PDFThumbnail
Show simple item record


Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  17 November 2022/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator