Risk Aversion for Investors with Memory: Hereditary Generalizations of Arrow-Pratt Measure
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Cited by:
- Vasily E. Tarasov, 2019. "On History of Mathematical Economics: Application of Fractional Calculus," Mathematics, MDPI, vol. 7(6), pages 1-28, June.
- Valentina V. Tarasova & Vasily E. Tarasov, 2017. "Concept of dynamic memory in economics," Papers 1712.09088, arXiv.org.
- Vasily E. Tarasov, 2019. "Rules for Fractional-Dynamic Generalizations: Difficulties of Constructing Fractional Dynamic Models," Mathematics, MDPI, vol. 7(6), pages 1-50, June.
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More about this item
Keywords
investment risks; risk of failure; risk aversion; Arrow-Pratt measure; utility function; investor behavior; memory effect; derivatives of non-integer order;All these keywords.
JEL classification:
- C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
- C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General
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