메뉴 건너뛰기




Volumn 35, Issue 1, 2007, Pages 67-76

Risk aversion and expected-utility theory: A calibration exercise

Author keywords

Asset integration; Expected utility theory; Experiments; Paraguay; Risk aversion

Indexed keywords


EID: 34547425445     PISSN: 08955646     EISSN: 15730476     Source Type: Journal    
DOI: 10.1007/s11166-007-9017-6     Document Type: Article
Times cited : (53)

References (26)
  • 2
    • 57849099977 scopus 로고
    • Attitudes Toward Risk: Theoretical Implications of an Experiment in Rural India
    • 364
    • Binswanger, Hans P. (1981). "Attitudes Toward Risk: Theoretical Implications of an Experiment in Rural India," The Economic Journal 91(364), 867-890.
    • (1981) The Economic Journal , vol.91 , pp. 867-890
    • Binswanger Hans, P.1
  • 3
    • 64049084537 scopus 로고    scopus 로고
    • Behavioral development economics: Lessons from field labs in developing countries
    • in press
    • Cardenas, Juan Camilo and Jeffrey P. Carpenter. (2007). "Behavioral Development Economics: Lessons from Field Labs in Developing Countries," Journal of Development Studies (in press).
    • (2007) Journal of Development Studies
    • Cardenas, J.C.1    Carpenter, J.P.2
  • 4
    • 34547313737 scopus 로고    scopus 로고
    • Estimating Risk Preferences from Deductible Choice
    • 3
    • Cohen, Alma and Liran Einav. (June 2007). "Estimating Risk Preferences from Deductible Choice," American Economic Review 97(3), 745-788.
    • (2007) American Economic Review , vol.97 , pp. 745-788
    • Cohen Alma1    Einav Liran2
  • 5
    • 33646771384 scopus 로고    scopus 로고
    • Small- and Large-Stakes Risk Aversion: Implications of Concavity Calibration for Decision Theory
    • 1
    • Cox, James C. and Vjollca Sadiraj. (2006). "Small- and Large-Stakes Risk Aversion: Implications of Concavity Calibration for Decision Theory," Games and Economic Behavior 56(1), 45-60.
    • (2006) Games and Economic Behavior , vol.56 , pp. 45-60
    • Cox James, C.1    Sadiraj Vjollca2
  • 8
    • 84897901578 scopus 로고
    • Game Shows and Economic Behavior: Risk-Taking on 'Card Sharks'
    • 2
    • Gertner, Robert. (1993). "Game Shows and Economic Behavior: Risk-Taking on 'Card Sharks', " Quarterly Journal of Economics 108(2), 507-521.
    • (1993) Quarterly Journal of Economics , vol.108 , pp. 507-521
    • Gertner Robert1
  • 9
    • 0030367193 scopus 로고    scopus 로고
    • Risk Vulnerability and the Tempering Effect of Background Risk
    • 5
    • Gollier, Christian and John W. Pratt. (1996). "Risk Vulnerability and the Tempering Effect of Background Risk," Econometrica 64(5), 1109-1123.
    • (1996) Econometrica , vol.64 , pp. 1109-1123
    • Gollier Christian1    Pratt John, W.2
  • 11
    • 0002731826 scopus 로고
    • Timid Choices and Bold Forecasts: A Cognitive Perspective on Risk Taking
    • 1
    • Kahneman, Daniel and Dan Lovallo. (1993). "Timid Choices and Bold Forecasts: A Cognitive Perspective on Risk Taking," Management Science 39(1), 17-31.
    • (1993) Management Science , vol.39 , pp. 17-31
    • Kahneman Daniel1    Lovallo Dan2
  • 18
    • 33646382806 scopus 로고    scopus 로고
    • Rejecting Small Gambles under Expected Utility
    • 2
    • Palacios-Huerta, Ignacio and Roberto Serrano. (2006). "Rejecting Small Gambles under Expected Utility," Economics Letters 91(2), 250-259.
    • (2006) Economics Letters , vol.91 , pp. 250-259
    • Palacios-Huerta Ignacio1    Serrano Roberto2
  • 19
    • 33751525320 scopus 로고    scopus 로고
    • Risk Aversion and Expected-utility Theory: A Calibration Theorem
    • 5
    • Rabin, Matthew. (2000). "Risk Aversion and Expected-utility Theory: A Calibration Theorem," Econometrica 68(5), 1281-1292.
    • (2000) Econometrica , vol.68 , pp. 1281-1292
    • Rabin Matthew1
  • 23
    • 33845607270 scopus 로고    scopus 로고
    • Traditional Trust Measurement and the Risk Confound: An Experiment in Rural Paraguay
    • 2
    • Schechter, Laura. (2007). "Traditional Trust Measurement and the Risk Confound: An Experiment in Rural Paraguay," Journal of Economic Behavior and Organization 62(2), 272-292.
    • (2007) Journal of Economic Behavior and Organization , vol.62 , pp. 272-292
    • Schechter Laura1
  • 25
    • 0347330585 scopus 로고    scopus 로고
    • Defending Expected Utility Theory: Comment
    • 2
    • Watt, Richard. (2002). "Defending Expected Utility Theory: Comment," Journal of Economic Perspectives 16(2), 227-230.
    • (2002) Journal of Economic Perspectives , vol.16 , pp. 227-230
    • Watt Richard1
  • 26
    • 0037812631 scopus 로고
    • Another Type of Risk Aversion
    • 5
    • Zeckhauser, Richard and Emmett Keeler. (1970). "Another Type of Risk Aversion," Econometrica 38(5), 661-665.
    • (1970) Econometrica , vol.38 , pp. 661-665
    • Zeckhauser Richard1    Keeler Emmett2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.