Theory and Decision 57 (3):213-225 (2004)

For linear distribution classes, mean-variance and expected utility specifications have been shown in the literature to be fully compatible when studying the concepts of risk aversion, prudence, risk vulnerability and temperance. This paper shows that such compatibility does hold for the concept of standard risk aversion but not for the concepts of proper risk aversion and proper prudence
Keywords mean-variance preferences  proper risk aversion  standard risk aversion
Categories (categorize this paper)
Reprint years 2005
DOI 10.1007/s11238-005-0285-9
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Revision history

Download options

PhilArchive copy

Upload a copy of this paper     Check publisher's policy     Papers currently archived: 70,008
External links

Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library

References found in this work BETA

No references found.

Add more references

Citations of this work BETA

Add more citations

Similar books and articles

On the Definition of Risk Aversion.Aldo Montesano - 1990 - Theory and Decision 29 (1):53-68.


Added to PP index

Total views
35 ( #325,015 of 2,505,217 )

Recent downloads (6 months)
1 ( #416,705 of 2,505,217 )

How can I increase my downloads?


My notes