The American Economic Review, Volume 96American Economic Association., 2006 Includes annual List of doctoral dissertations in political economy in progress in American universities and colleges; and the Hand book of the American Economic Association. |
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... risk 1 to the better outcome 0 , rather than to the worse out- come 2. This means that she must dislike the risk ẽ , more in the presence of 2. The risks ẽ1 and 2 are “ mutually aggravating " in the termi- nology of Kimball ( 1993 ) . 1 ...
... risk 1 to the better outcome 0 , rather than to the worse out- come 2. This means that she must dislike the risk ẽ , more in the presence of 2. The risks ẽ1 and 2 are “ mutually aggravating " in the termi- nology of Kimball ( 1993 ) . 1 ...
Página 287
... risk on a first - order condition . However , DARA is a stronger condition than simply assuming pru- dence , in ... risk è decreases as one gets wealthier . On the other hand , decreasing risk aversion implies that one's willingness to ...
... risk on a first - order condition . However , DARA is a stronger condition than simply assuming pru- dence , in ... risk è decreases as one gets wealthier . On the other hand , decreasing risk aversion implies that one's willingness to ...
Página 289
... Risk Aversion . " Journal of Economic The- ory , 1996 , 71 ( 2 ) , pp . 485–513 . Eeckhoudt , Louis ; Gollier , Christian Schlesinger , Harris . " Changes in Background Risk and Risk - Taking Behavior . " Economet- rica , 1996 , 64 ( 3 ) ...
... Risk Aversion . " Journal of Economic The- ory , 1996 , 71 ( 2 ) , pp . 485–513 . Eeckhoudt , Louis ; Gollier , Christian Schlesinger , Harris . " Changes in Background Risk and Risk - Taking Behavior . " Economet- rica , 1996 , 64 ( 3 ) ...
Índice
Free Markets and Fettered Consumers | 3 |
DOUGLAS W DIAMOND AND RAGHURAM G RAJAN | 30 |
CHRISTOPHER A SIMS AND TAO | 54 |
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