IDEAS home Printed from https://ideas.repec.org/p/mtl/montde/8530.html
   My bibliography  Save this paper

Endogenous Risks and the Risk Premium

Author

Listed:
  • Briys, E.
  • Eeckhoudt, L.
  • Louberge, H.

Abstract

Cette Note Tente de Combler une Lacune de la Theorie Microeconomique de la Decision En Incertitude. Cette Litterature a Souvent Eu Recours Dans Ses Exercices de Statique Comparee aux Traditionnelles Mesures D'aversion Pour le Risque Developpees Par Arrow-Pratt. Elle N'a Que Tres Rarement Prete Attention a la Definition Precise de la Prime de Risque Alors Que la Plupart des Risques, Objet de Son Etude, Sont En Partie Controlables (Endogenes). Or, Arrow-Pratt Dans Leurs Contributions Respectives N'ont Considere Que des Loteries, C'est-A-Dire des Risques Non Controlables Par L'individu (Exogenes). Cette Note Met En Evidence les Faiblesses de la Prime D'arrow-Pratt Lorsque Celle-Ci Est Appliquee a des Risques Endogenes. une Nouvelle Definition de la Prime Est Proposee. Cette Note Montre Que Cette Definition Possede les Proprietes Generalement Admises Dans le Cas des Risques Exogenes.

Suggested Citation

  • Briys, E. & Eeckhoudt, L. & Louberge, H., 1985. "Endogenous Risks and the Risk Premium," Cahiers de recherche 8530, Universite de Montreal, Departement de sciences economiques.
    • Handle: RePEc:mtl:montde:8530
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Christoph Heinzel, 2016. "Precautionary Saving in the Large under Higher-Order Risk and Recursive Utility," FOODSECURE Working papers 43, LEI Wageningen UR.
    2. Courbage, Christophe, 1999. "Primes de risque et soins de santé," L'Actualité Economique, Société Canadienne de Science Economique, vol. 75(4), pages 665-672, décembre.
    3. AJ A. Bostian & Christoph Heinzel, 2016. "Consumption Smoothing and Precautionary Saving under Recursive Preferences," FOODSECURE Working papers 44, LEI Wageningen UR.

    More about this item

    Keywords

    Risque ; Incertitude;

    Statistics

    Access and download statistics

    Corrections

    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:mtl:montde:8530. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sharon BREWER (email available below). General contact details of provider: https://edirc.repec.org/data/demtlca.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.