Marta_Cardin; Paola_Ferretti - EconWPA - 2004
multivariate risk aversion was proposed by de Finetti (1952) and Richard (1975) and it is related to the bivariate case. More … recently, multivariate risk aversion has been studied by Scarsini (1985, 1988, 1999). Nevertheless even if decision problems … completely solved. This paper concerns with a definition of bivariate risk aversion which is related to a particular type of …