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Improving people's livelihood resilience against risks and challenges plays an important role in consolidating the achievements of poverty reduction. The paper uses 64 poverty-stricken counties in China's Sichuan province as the study area and explores the link between spatial segregation and...
Persistent link: https://www.econbiz.de/10015394351
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The notion of risk neutrality is a basic element in standard textbook treatments of the economics of risk. In the single variable case, it is well known that an Expected Utility maximizer will be risk neutral toward all distributions if and only if her NM (von Neumann Morgenstern) index is...
Persistent link: https://www.econbiz.de/10013031465
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