On temperance and risks spreading
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Sebastian Ebert, 2013. "Even (Mixed) Risk Lovers Are Prudent: Comment," American Economic Review, American Economic Association, vol. 103(4), pages 1536-1537, June.
- Gollier, Christian, 1996. "Decreasing absolute prudence: Characterization and applications to second-best risk sharing," European Economic Review, Elsevier, vol. 40(9), pages 1799-1815, December.
- Gollier, Christian & Pratt, John W, 1996. "Risk Vulnerability and the Tempering Effect of Background Risk," Econometrica, Econometric Society, vol. 64(5), pages 1109-1123, September.
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.- Christophe Courbage & Béatrice Rey, 2020. "On temperance and risk spreading," Theory and Decision, Springer, vol. 88(4), pages 527-539, May.
- Christophe Courbage & Béatrice Rey, 2018. "On temperance and risks spreading," Working Papers halshs-01935866, HAL.
- Donatella Baiardi & Marco Magnani & Mario Menegatti, 2020. "The theory of precautionary saving: an overview of recent developments," Review of Economics of the Household, Springer, vol. 18(2), pages 513-542, June.
- Christian Gollier & Miles S. Kimball, 2018.
"Toward a Systematic Approach to the Economic Effects of Risk: Characterizing Utility Functions,"
Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 85(2), pages 397-430, June.
- Gollier, Christian & Kimball, Miles S., 2018. "Toward a Systematic Approach to the Economic Effects of Risk: Characterizing Utility Functions"," TSE Working Papers 18-909, Toulouse School of Economics (TSE).
- Gollier, Christian & Kimball, Miles S., 2018. "Toward a Systematic Approach to the Economic Effects of Risk: Characterizing Utility Functions"," IDEI Working Papers 884, Institut d'Économie Industrielle (IDEI), Toulouse.
- Mickael Beaud & Marc Willinger, 2015. "Are People Risk Vulnerable?," Management Science, INFORMS, vol. 61(3), pages 624-636, March.
- Paan Jindapon & Liqun Liu & William S. Neilson, 2021. "Comparative risk apportionment," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 9(1), pages 91-112, April.
- Wang, Jianli & Li, Jingyuan, 2014. "Decreasing Ross risk aversion: Higher-order generalizations and implications," Journal of Mathematical Economics, Elsevier, vol. 55(C), pages 136-142.
- Timo Heinrich & Thomas Mayrhofer, 2018. "Higher-order risk preferences in social settings," Experimental Economics, Springer;Economic Science Association, vol. 21(2), pages 434-456, June.
- Gollier, Christian, 2019.
"Variance stochastic orders,"
Journal of Mathematical Economics, Elsevier, vol. 80(C), pages 1-8.
- Gollier, Christian, 2017. "Variance stochastic orders," TSE Working Papers 17-828, Toulouse School of Economics (TSE).
- Anne Lavigne, 2006.
"Gouvernance et investissement des fonds de pension privés aux Etats-Unis,"
Working Papers
halshs-00081401, HAL.
- Anne LAVIGNE, 2006. "Gouvernance et investissement des fonds de pension privés aux Etats-Unis," LEO Working Papers / DR LEO 690, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
- Angrisani, Marco & Atella, Vincenzo & Brunetti, Marianna, 2018.
"Public health insurance and household portfolio Choices: Unravelling financial “Side Effects” of Medicare,"
Journal of Banking & Finance, Elsevier, vol. 93(C), pages 198-212.
- Marco Angrisani & Vincenzo Atella & Marianna Brunetti, 2016. "Public Health Insurance and Household Portfolio Choices: Unraveling Financial “Side Effects” of Medicare," CEIS Research Paper 382, Tor Vergata University, CEIS, revised 07 Feb 2017.
- Thomas Eichner & Andreas Wagener, 2002. "Increases in Risk and the Welfare State," CESifo Working Paper Series 685, CESifo.
- Gollier, Christian, 2002. "Time Horizon and the Discount Rate," Journal of Economic Theory, Elsevier, vol. 107(2), pages 463-473, December.
- Goytom Abraha Kahsay & Daniel Osberghaus, 2018. "Storm Damage and Risk Preferences: Panel Evidence from Germany," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 71(1), pages 301-318, September.
- Renate Strobl & Conny Wunsch, 2021. "Risky choices and solidarity: disentangling different behavioural channels," Experimental Economics, Springer;Economic Science Association, vol. 24(4), pages 1185-1214, December.
- 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).
- G. Dionne & F. Gagnon & K. Dachraoui, 1997.
"Increases in risk and optimal portfolio,"
THEMA Working Papers
97-29, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
- Dionne, Georges & Gagnon, François & Dachraoui, Kaïs, 1998. "Increases in risk and optimal portfolio," Working Papers 97-11, HEC Montreal, Canada Research Chair in Risk Management.
- Dionne, G. & Gagnon, F. & Dachraoui, K., 1997. "Increases in Risk and Optimal Portfolio," Papers 9729, Paris X - Nanterre, U.F.R. de Sc. Ec. Gest. Maths Infor..
- Letendre, Marc-Andre & Smith, Gregor W., 2001.
"Precautionary saving and portfolio allocation: DP by GMM,"
Journal of Monetary Economics, Elsevier, vol. 48(1), pages 197-215, August.
- Marc-Andre Letendre & Gregor W. Smith, 2000. "Precautionary Saving And Portfolio Allocation: Dp By Gmm," Working Paper 1247, Economics Department, Queen's University.
- Lisa L. Posey & Vickie Bajtelsmit, 2017. "Insurance and Endogenous Bankruptcy Risk: When is it Rational to Choose Gambling, Insurance, and Potential Bankruptcy?," The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 42(1), pages 15-40, March.
- Ana Paula Martins, 2008.
"Uninsurable Risks: Uncertainty in Production, the Value of Information and Price Dispersion,"
Economics Bulletin, AccessEcon, vol. 28(8), pages 1.
- Ana Paula Martins, 2007. "Uninsurable Risks: Uncertainty in Production, the Value of Information and Price Dispersion," Annals of Economics and Finance, Society for AEF, vol. 8(2), pages 341-383, November.
More about this item
Keywords
temperance; risk spreading; superadditivity; utility premium;All these keywords.
JEL classification:
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
NEP fields
This paper has been announced in the following NEP Reports:- NEP-UPT-2018-12-03 (Utility Models and Prospect Theory)
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:gat:wpaper:1828. 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: Nelly Wirth (email available below). General contact details of provider: https://edirc.repec.org/data/gateefr.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.