Fear of Ruin
Author
Abstract
Suggested Citation
DOI: 10.1007/s11166-005-5104-8
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Kimball, Miles S, 1990.
"Precautionary Saving in the Small and in the Large,"
Econometrica, Econometric Society, vol. 58(1), pages 53-73, January.
- Miles S. Kimball, 1989. "Precautionary Saving in the Small and in the Large," NBER Working Papers 2848, National Bureau of Economic Research, Inc.
- Svejnar, Jan, 1986.
"Bargaining Power, Fear of Disagreement, and Wage Settlements: Theory and Evidence from U.S. Industry,"
Econometrica, Econometric Society, vol. 54(5), pages 1055-1078, September.
- Svejnar, J., 1984. "Bargaining power, fear of disagreement and wage settlements: theory and evidence from U.S. industry," LIDAM Discussion Papers CORE 1984037, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- SVEJNAR, Jan, 1986. "Bargaining power, fear of disagreement, and wage settlements: theory and evidence from U.S. industry," LIDAM Reprints CORE 720, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Péter Esö & Lucy White, 2004.
"Precautionary Bidding in Auctions,"
Econometrica, Econometric Society, vol. 72(1), pages 77-92, January.
- Peter Eso & Lucy White, 2001. "Precautionary Bidding in Auctions," Discussion Papers 1331, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- White, Lucy & Esö, Péter, 2003. "Precautionary Bidding in Auctions," CEPR Discussion Papers 3975, C.E.P.R. Discussion Papers.
- Eeckhoudt, Louis R & Hammitt, James K, 2001. "Background Risks and the Value of a Statistical Life," Journal of Risk and Uncertainty, Springer, vol. 23(3), pages 261-279, November.
- Rosen, Sherwin, 1988.
"The Value of Changes in Life Expectancy,"
Journal of Risk and Uncertainty, Springer, vol. 1(3), pages 285-304, September.
- Sherwin Rosen, "undated". "The Value of Changes in Life Expectancy," University of Chicago - Population Research Center 87-14, Chicago - Population Research Center.
- Garber, Alan M. & Phelps, Charles E., 1997. "Economic foundations of cost-effectiveness analysis," Journal of Health Economics, Elsevier, vol. 16(1), pages 1-31, February.
- Skaperdas, Stergios & Gan, Li, 1995. "Risk Aversion in Contests," Economic Journal, Royal Economic Society, vol. 105(431), pages 951-962, July.
- Aumann, Robert J & Kurz, Mordecai, 1977. "Power and Taxes," Econometrica, Econometric Society, vol. 45(5), pages 1137-1161, July.
- Milgrom,Paul, 2004.
"Putting Auction Theory to Work,"
Cambridge Books,
Cambridge University Press, number 9780521536721, January.
- Milgrom,Paul, 2004. "Putting Auction Theory to Work," Cambridge Books, Cambridge University Press, number 9780521551847, January.
- Roth, Alvin E & Rothblum, Uriel G, 1982. "Risk Aversion and Nash's Solution for Bargaining Games with Risky Outcomes," Econometrica, Econometric Society, vol. 50(3), pages 639-647, May.
- Jones-Lee, M W, 1980. "Maximum Acceptable Physical Risk and a New Measure of Financial Risk-Aversion," Economic Journal, Royal Economic Society, vol. 90(359), pages 550-568, September.
- Konrad, Kai A & Schlesinger, Harris, 1997. "Risk Aversion in Rent-Seeking and Rent-Augmenting Games," Economic Journal, Royal Economic Society, vol. 107(445), pages 1671-1683, November.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Ponthiere, Gregory, 2016.
"Pollution, unequal lifetimes and fairness,"
Mathematical Social Sciences, Elsevier, vol. 82(C), pages 49-64.
- Grégory Ponthière, 2014. "Pollution, Unequal Lifetimes and Fairness," PSE Working Papers hal-01095463, HAL.
- Grégory Ponthière, 2016. "Pollution, unequal lifetimes and fairness," PSE-Ecole d'économie de Paris (Postprint) halshs-01509676, HAL.
- Grégory Ponthière, 2016. "Pollution, unequal lifetimes and fairness," Post-Print halshs-01509676, HAL.
- Grégory Ponthière, 2014. "Pollution, Unequal Lifetimes and Fairness," Working Papers hal-01095463, HAL.
- Martin L. Weitzman, 2009.
"On Modeling and Interpreting the Economics of Catastrophic Climate Change,"
The Review of Economics and Statistics, MIT Press, vol. 91(1), pages 1-19, February.
- Weitzman, Martin L., 2009. "On Modeling and Interpreting the Economics of Catastrophic Climate Change," Scholarly Articles 3693423, Harvard University Department of Economics.
- Christian Gollier & James Hammitt & Nicolas Treich, 2013.
"Risk and choice: A research saga,"
Journal of Risk and Uncertainty, Springer, vol. 47(2), pages 129-145, October.
- Gollier, Christian & Hammitt, James K. & Treich, Nicolas, 2013. "Risk and Choice: A Research Saga," TSE Working Papers 13-444, Toulouse School of Economics (TSE).
- Gollier, Christian & Hammitt, James K. & Treich, Nicolas, 2013. "Risk and Choice: A Research Saga," IDEI Working Papers 804, Institut d'Économie Industrielle (IDEI), Toulouse.
- Adler, Matthew & Treich, Nicolas, 2014. "Consumption, Risk and Prioritarianism," TSE Working Papers 14-500, Toulouse School of Economics (TSE).
- James Hammitt, 2013. "Admissible utility functions for health, longevity, and wealth: integrating monetary and life-year measures," Journal of Risk and Uncertainty, Springer, vol. 47(3), pages 311-325, December.
- Adler, Matthew D. & Treich, Nicolas, 2017. "Utilitarianism, prioritarianism, and intergenerational equity: A cake eating model," Mathematical Social Sciences, Elsevier, vol. 87(C), pages 94-102.
- Bommier, Antoine & Chassagnon, Arnold & Le Grand, François, 2012.
"Comparative risk aversion: A formal approach with applications to saving behavior,"
Journal of Economic Theory, Elsevier, vol. 147(4), pages 1614-1641.
- Antoine Bommier & Arnold Chassagnon & François Legrand, 2010. "Comparative Risk Aversion: A Formal Approach with Applications to Savings Behaviors," Working Papers hal-00451281, HAL.
- Antoine Bommier & Arnold Chassagnon & François Le Grand, 2010. "Comparative Risk Aversion: A Formal Approach with Applications to Saving Behaviors," CER-ETH Economics working paper series 10/134, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
- Bommier, Antoine & Chassagnon, Arnold & Le Grand, François, 2010. "Comparative Risk Aversion: A Formal Approach with Applications to Savings Behaviors," TSE Working Papers 10-141, Toulouse School of Economics (TSE).
- Pierre‐André Chiappori & Bernard Salanié & François Salanié & Amit Gandhi, 2019.
"From Aggregate Betting Data to Individual Risk Preferences,"
Econometrica, Econometric Society, vol. 87(1), pages 1-36, January.
- Chiappori, Pierre-André & Gandhi, Amit & Salanié, Bernard & Salanié, François, 2012. "From Aggregate Betting Data to Individual Risk Preferences," TSE Working Papers 13-453, Toulouse School of Economics (TSE).
- Pierre-Andre Chiappori & Bernard Salanie & Francois Salanie & Amit Gandhi, 2019. "From aggregate betting data to individual risk preferences," Post-Print hal-02121859, HAL.
- Chiappori, Pierre-André & Gandhi, Amit & Salanié, Bernard & Salanié, François, 2012. "From Aggregate Betting Data to Individual Risk Preferences," IDEI Working Papers 810, Institut d'Économie Industrielle (IDEI), Toulouse.
- David Crainich & Louis Eeckhoudt, 2008.
"On the intensity of downside risk aversion,"
Journal of Risk and Uncertainty, Springer, vol. 36(3), pages 267-276, June.
- CRAINICH, David & EECKHOUDT, Louis, 2007. "On the intensity of downside risk aversion," LIDAM Discussion Papers CORE 2007088, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- CRAINICH, Davida & EECKHOUDT, Louis, 2009. "On the intensity of downside risk aversion," LIDAM Reprints CORE 2061, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- D. Crainich & L. Eeckhoudt, 2008. "On the intensity of downside risk aversion," Post-Print hal-00292420, HAL.
- Spreeuw, Jaap, 2014. "Archimedean copulas derived from utility functions," Insurance: Mathematics and Economics, Elsevier, vol. 59(C), pages 235-242.
- Eeckhoudt, Louis & Pestieau, Pierre, 2008.
"A note on longevity enhancing investment,"
Economics Letters, Elsevier, vol. 101(1), pages 57-59, October.
- L. Eeckhoudt & P. Pestiau, 2008. "A note on longevity enchancing investment," Post-Print hal-00326104, HAL.
- EECKHOUDT, Louis & PESTIEAU, Pierre, 2009. "A note on longevity enhancing investment," LIDAM Reprints CORE 2129, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Simon Dietz, 2011. "High impact, low probability? An empirical analysis of risk in the economics of climate change," Climatic Change, Springer, vol. 108(3), pages 519-541, October.
- Dietz, Simon, 2011. "High impact, low probability?: an empirical analysis of risk in the economics of climate change," LSE Research Online Documents on Economics 38586, London School of Economics and Political Science, LSE Library.
- Schwarz Mordechai E., 2012. "Subgame Perfect Plea Bargaining in Biform Judicial Contests," Review of Law & Economics, De Gruyter, vol. 8(1), pages 297-330, September.
- Ikefuji, Masako & Laeven, Roger J.A. & Magnus, Jan R. & Muris, Chris, 2015. "Expected utility and catastrophic consumption risk," Insurance: Mathematics and Economics, Elsevier, vol. 64(C), pages 306-312.
- Martin Weitzman, 2007. "Structural Uncertainty and the Value of Statistical Life in the Economics of Catastrophic Climate Change," NBER Working Papers 13490, National Bureau of Economic Research, Inc.
- Masako Ikefuji & Roger Laeven & Jan Magnus & Chris Muris, 2014. "Expected Utility and Catastrophic Risk," Tinbergen Institute Discussion Papers 14-133/III, Tinbergen Institute.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Eeckhoudt, Louis R. & Hammitt, James K., 2004.
"Does risk aversion increase the value of mortality risk?,"
Journal of Environmental Economics and Management, Elsevier, vol. 47(1), pages 13-29, January.
- EECKHOUDT, Louis & HAMMITT, James, 2004. "Does risk aversion increase the value of mortality risk?," LIDAM Reprints CORE 1698, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Christian Gollier & James Hammitt & Nicolas Treich, 2013.
"Risk and choice: A research saga,"
Journal of Risk and Uncertainty, Springer, vol. 47(2), pages 129-145, October.
- Gollier, Christian & Hammitt, James K. & Treich, Nicolas, 2013. "Risk and Choice: A Research Saga," IDEI Working Papers 804, Institut d'Économie Industrielle (IDEI), Toulouse.
- Gollier, Christian & Hammitt, James K. & Treich, Nicolas, 2013. "Risk and Choice: A Research Saga," TSE Working Papers 13-444, Toulouse School of Economics (TSE).
- Nicolas Treich, 2010.
"Risk-aversion and prudence in rent-seeking games,"
Public Choice, Springer, vol. 145(3), pages 339-349, December.
- Treich, Nicolas, 2009. "Risk-Aversion and Prudence in Rent-Seeking Games," TSE Working Papers 09-013, Toulouse School of Economics (TSE).
- TREICH Nicolas, 2009. "Risk-aversion and Prudence in Rent-seeking Games," LERNA Working Papers 09.05.281, LERNA, University of Toulouse.
- Schwarz Mordechai E., 2012. "Subgame Perfect Plea Bargaining in Biform Judicial Contests," Review of Law & Economics, De Gruyter, vol. 8(1), pages 297-330, September.
- James K. Hammitt, 2020.
"Valuing mortality risk in the time of COVID-19,"
Journal of Risk and Uncertainty, Springer, vol. 61(2), pages 129-154, October.
- Hammitt, James K., 2020. "Valuing mortality risk in the time of covid-19," TSE Working Papers 20-1115, Toulouse School of Economics (TSE).
- White, Lucy, 2008. "Prudence in bargaining: The effect of uncertainty on bargaining outcomes," Games and Economic Behavior, Elsevier, vol. 62(1), pages 211-231, January.
- Henrik Andersson & Nicolas Treich, 2011.
"The Value of a Statistical Life,"
Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 17,
Edward Elgar Publishing.
- Andersson, Henrik & Treich, Nicolas, 2008. "The Value of a Statistical Life," Working Papers 2008:1, Swedish National Road & Transport Research Institute (VTI).
- Henrik Andersson, 2020. "The value of a statistical life," Post-Print hal-03610216, HAL.
- Andersson, Henrik & Treich, Nicolas, 2009. "The Value of a Statistical Life," TSE Working Papers 09-015, Toulouse School of Economics (TSE).
- ANDERSSON Henrik & TREICH Nicolas, 2009. "The Value of a Statistical Life," LERNA Working Papers 09.04.280, LERNA, University of Toulouse.
- Bettina Klose & Paul Schweinzer, 2022.
"Auctioning risk: the all-pay auction under mean-variance preferences,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(4), pages 881-916, June.
- Bettina Klose & Paul Schweinzer, 2012. "Auctioning risk: The all-pay auction under mean-variance preferences," ECON - Working Papers 097, Department of Economics - University of Zurich, revised Dec 2017.
- Bettina Klose & Paul Schweinzer, 2012. "Auctioning risk: The all-pay auction under mean-variance preferences," Discussion Papers 12/32, Department of Economics, University of York.
- Vasserman, Shoshana & Watt, Mitchell, 2021. "Risk aversion and auction design: Theoretical and empirical evidence," International Journal of Industrial Organization, Elsevier, vol. 79(C).
- Liqun Liu & Nicolas Treich, 2021.
"Optimality of winner-take-all contests: the role of attitudes toward risk,"
Journal of Risk and Uncertainty, Springer, vol. 63(1), pages 1-25, August.
- Treich, Nicolas & Liu, Linqun, 2019. "Optimality of Winner-Take-All Contests: The Role of Attitudes toward Risk," TSE Working Papers 19-1060, Toulouse School of Economics (TSE).
- Treich, Nicolas & Liu, Linqun, 2021. "Optimality of Winner-Take-All Contests: The Role of Attitudes toward Risk," TSE Working Papers 21-1194, Toulouse School of Economics (TSE).
- Liqun Liu & Nicolas Treich, 2021. "Optimality of winner-take-all contests: the role of attitudes toward risk," Post-Print hal-03722083, HAL.
- Benoît Sévi & Fabrice Yafil, 2005. "A special case of self-protection: The choice of a lawyer," Economics Bulletin, AccessEcon, vol. 4(6), pages 1-8.
- Jean-Daniel Guigou & Bruno Lovat & Nicolas Treich, 2017.
"Risky rents,"
Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 5(2), pages 151-164, October.
- Jean-Daniel Guigou & Bruno Lovat & Nicolas Treich, 2016. "Risky rents," Post-Print hal-01604261, HAL.
- Guigou, Jean-Daniel & Lovat, Bruno & Treich, Nicolas, 2016. "Risky Rents," TSE Working Papers 16-710, Toulouse School of Economics (TSE).
- Fu, Qiang & Wang, Xiruo & Wu, Zenan, 2021. "Multi-prize contests with risk-averse players," Games and Economic Behavior, Elsevier, vol. 129(C), pages 513-535.
- James Hammitt, 2013. "Admissible utility functions for health, longevity, and wealth: integrating monetary and life-year measures," Journal of Risk and Uncertainty, Springer, vol. 47(3), pages 311-325, December.
- Lakdawalla, Darius N. & Phelps, Charles E., 2020. "Health technology assessment with risk aversion in health," Journal of Health Economics, Elsevier, vol. 72(C).
- Daniel Bauer & Darius Lakdawalla & Julian Reif, 2018. "Mortality Risk, Insurance, and the Value of Life," NBER Working Papers 25055, National Bureau of Economic Research, Inc.
- Darius N. Lakdawalla & Charles E. Phelps, 2022. "A guide to extending and implementing generalized risk-adjusted cost-effectiveness (GRACE)," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 23(3), pages 433-451, April.
- Mordechai E. Schwarz, 2023. "A master of two servants: lessons from the israeli experience about the effect of separation of powers on public accountability and social welfare," Constitutional Political Economy, Springer, vol. 34(1), pages 59-87, March.
- Brookins, Philip & Jindapon, Paan, 2021. "Risk preference heterogeneity in group contests," Journal of Mathematical Economics, Elsevier, vol. 95(C).
- Kahana, Nava & Klunover, Doron, 2014. "Rent seeking and the excess burden of taxation," European Journal of Political Economy, Elsevier, vol. 35(C), pages 158-167.
More about this item
Keywords
risk-aversion; expected utility; Arrow-Pratt coefficient; auctions; value-of-life;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jrisku:v:31:y:2005:i:3:p:289-300. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.