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L’analyse axiomatique et l’attitude par rapport au risque

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  • Jean Baccelli

Abstract

This epistemological note examines the status of risk attitude concepts in decision theory. At first sight, axiomatic analysis does not rely on those concepts, which illustrates a certain neutrality of decision models regarding risk attitudes. Further analysis, however, highlights the importance of the conditional variation and the strengthening of risk attitudes, which establishes the axiomatic significance of risk attitude concepts. Classification JEL : B41, D81.

Suggested Citation

  • Jean Baccelli, 2016. "L’analyse axiomatique et l’attitude par rapport au risque," Revue économique, Presses de Sciences-Po, vol. 67(2), pages 355-366.
    • Handle: RePEc:cai:recosp:reco_pr2_0063
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    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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