In this study we measure higher-order risk preferences and their consistency. We explore the role of country …

all higher-order risk preferences of odd order imply skewness preference, but for different distributions than prudence …. Similar results are presented for temperance and higher-order risk preferences of even order that can be related to kurtosis …, respectively. This paper puts a new perspective on these relationships and presents a characterization of higher-order risk …

all higher-order risk preferences of odd order imply skewness preference, but for different distributions than prudence …. Similar results are presented for temperance and higher-order risk preferences of even order that can be related to kurtosis …, respectively. This paper puts a new perspective on these relationships and presents a characterization of higher-order risk …

This article presents a characterization of higher-order risk preferences such as prudence or temperance in terms of … of how higher-order risk preferences relate to skewness preference and kurtosis aversion. While they are not based on …