Proper and Standard Risk Aversion in Two-Moment Decision Models

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


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



    Upload a copy of this work     Papers currently archived: 89,311

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

On the definition of risk aversion.Aldo Montesano - 1990 - Theory and Decision 29 (1):53-68.


Added to PP

36 (#378,745)

6 months
1 (#1,002,272)

Historical graph of downloads
How can I increase my downloads?

References found in this work

No references found.

Add more references