Standard Risk Aversion
收藏NBER1991-03-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/t0099
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资源简介:
This paper introduces the concept of standard risk aversion. A von Neumann-Morgenstern utility function has standard risk aversion if any risk makes a small reduction in wealth more painful (in the sense of an increased reduction in expected utility) also makes any undesirable, independent risk more
提供机构:
美国国家经济研究局
创建时间:
1991-03-01



