Prudence and risk vulnerability in two-moment decision models

Economics Letters

Volumn 74, Issue 2, 2002, Pages 229-235

  Wagener, Andreas ^a  

^a UNIVERSITY OF SIEGEN   (Germany)

Author keywords

Mean variance preferences; Prudence; Risk aversion; Risk vulnerability

Indexed keywords

EID: 0036006540     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0165-1765(01)00541-9     Document Type: Article

References (8)

1. Changes in background risk and risk taking behaviour
2. Risk vulnerability and the tempering effect of background risk
3. Precautionary saving in the small and in the large
4. Standard risk aversion
5. Parametric characterizations of risk aversion and prudence
6. Two-moment decision models and expected utility maximization
7. Expected utility, μ-σ preferences and linear distribution classes: A further result
8. Comparative statics under uncertainty: The case of mean-variance preferences