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Increasing Risk: A Definition and Its Economic Consequences

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  • Michael Rothschild & Joseph E. Stiglitz, 1969. "Increasing Risk: A Definition and Its Economic Consequences," Cowles Foundation Discussion Papers 275, Cowles Foundation for Research in Economics, Yale University.
    • Handle: RePEc:cwl:cwldpp:275
    Note: CFP 341ab.
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    File URL: https://cowles.yale.edu/sites/default/files/files/pub/d02/d0275.pdf
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    References listed on IDEAS

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    1. Samuelson, Paul A., 1967. "General Proof that Diversification Pays*," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 2(1), pages 1-13, March.
    2. F. H. Hahn, 1970. "Savings and Uncertainty," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 37(1), pages 21-24.
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    Cited by:

    1. Wojtek Michalowski & Włodzimierz Ogryczak, 2001. "Extending the MAD portfolio optimization model to incorporate downside risk aversion," Naval Research Logistics (NRL), John Wiley & Sons, vol. 48(3), pages 185-200, April.
    2. Leima Davidovitz & Yoram Kroll, 1999. "Choices in Egalitarian Distribution: Inequality Aversion versus Risk Aversion," STICERD - Distributional Analysis Research Programme Papers 43, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    3. Jock R. Anderson, 1972. "Risk And Farm Size In The Pastoral Zone," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 16(1), pages 1-10, April.
    4. Jorge Alcalde-Unzu & Marc Vorsatz, 2008. "The Measurement of Consensus: An Axiomatic Analysis," Working Papers 2008-28, FEDEA.

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