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Alternative measures for modeling risk and expected utility theory : (risk adjustment, measurement and attitude)

Seber, Akin - In: International journal of economics and finance 6 (2014) 9, pp. 151-157

Persistent link: https://www.econbiz.de/10010417168

Downside risk aversion vs decreasing absolute risk aversion : an intuitive exposition

Hammitt, James K. - 2022

Persistent link: https://www.econbiz.de/10013367239

Risk preferences under price uncertainties and production risk : a note

Alghalith, Moawia - In: Economic modelling 23 (2006) 3, pp. 387-390

Persistent link: https://www.econbiz.de/10003333364

Differentiability of von Neumann-Morgenstern utility functions

Nakamura, Yutaka - In: Journal of mathematical economics 60 (2015), pp. 74-80

Persistent link: https://www.econbiz.de/10011573746

Elements of economics of uncertainty and time with recursive utility

Aase, Knut K. - 2020

Persistent link: https://www.econbiz.de/10012489790

Greater mutual aggravation

Ebert, Sebastian; Nocetti, Diego; Schlesinger, Harris - In: Management science : journal of the Institute for … 64 (2018) 6, pp. 2809-2811

Persistent link: https://www.econbiz.de/10011879029

Risk premiums and certainty equivalents of loss-averse newsvendors of bounded utility

Dalalah, Doraid - In: Journal of industrial engineering international 15 (2019) 4, pp. 667-678

Loss-averse behavior makes the newsvendors avoid the losses more than seeking the probable gains as the losses have more psychological impact on the newsvendor than the gains. In economics and decision theory, the classical newsvendor models treat losses and gains equally likely, by disregarding...

Persistent link: https://www.econbiz.de/10012164825

It's Stochastic Dominance and Probabilistic Expected Utility Theory, Silly : Loss Aversion (a Concave Risk Premium Function) is Necessary Condition for Rationality of Risk Seeking Preferences

Obrimah, Oghenovo A. - 2022

Suppose populations of economic agents that are parameterized by skewness preference. For stated agents, increasing marginal utility for wealth necessarily is facilitated by a risk premium function that only robustly is parameterized with reference to `relative safety', as opposed to `relative...

Persistent link: https://www.econbiz.de/10013297649

Constant relative risk aversion utility and consumption CAPM : discount factors and risk aversions for Norway, Sweden, and the UK

Solibakke, Per Bjarte - In: Cogent economics & finance 12 (2024) 1, pp. 1-24

three European countries, Norway, Sweden, and the UK. Moreover, European consumer behavior regarding risk and inter … parameter for Sweden and Norway, and a significant parameter for the UK. The stochastic discount factor is approximately equal ….997) followed by Norway and the UK (0.998), indicating that Sweden has the most impatient consumers. Bivariate conditional densities …

Persistent link: https://www.econbiz.de/10015394375

Alternative views on the link between risk aversion and diminishing marginal utility of wealt

Menzl, Vojtěch - In: European financial and accounting journal : EFAJ 16 (2021) 2, pp. 51-72

Although the link between risk aversion and diminishing marginal utility of wealth is academically well established, theoretical discussions concerning its empirical validity remain. The presented, review-type paper aims to briefly examine theoretical roots responsible for the different views on...

Persistent link: https://www.econbiz.de/10012807566