Basic risk aversion.

Basic risk aversion.

No === It is demonstrated that small marketable gambles that are unattractive to a Standard Risk Averse investor cannot be made attractive even if certain independent background risks that decrease expected marginal utility are added.

Bibliographic Details
Main Author: Freeman, Mark C.
Language:en
Published: 2009
Subjects:
Risk aversion
Incomplete markets
Online Access:http://hdl.handle.net/10454/2735
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spelling ndltd-BRADFORD-oai-bradscholars.brad.ac.uk-10454-27352019-08-31T03:02:04Z Basic risk aversion. Freeman, Mark C. Risk aversion Incomplete markets No It is demonstrated that small marketable gambles that are unattractive to a Standard Risk Averse investor cannot be made attractive even if certain independent background risks that decrease expected marginal utility are added. 2009-06-02T10:08:38Z 2009-06-02T10:08:38Z 2001 Article No full-text available in the repository Freeman, M.C. (2001). Basic risk aversion. Economics Letters. Vol. 72, No. 2, pp. 201-207. http://hdl.handle.net/10454/2735 en http://www.sciencedirect.com/science?_ob=ArticleURL&_udi=B6V84-4379GRM-C&_user=122861&_rdoc=1&_fmt=&_orig=search&_sort=d&view=c&_acct=C000010080&_version=1&_urlVersion=0&_userid=122861&md5=c1fa2d94df37d523274f74aec8ecb7fc
collection NDLTD
language en
sources NDLTD
topic Risk aversion
Incomplete markets
spellingShingle Risk aversion
Incomplete markets
Freeman, Mark C.
Basic risk aversion.
description No === It is demonstrated that small marketable gambles that are unattractive to a Standard Risk Averse investor cannot be made attractive even if certain independent background risks that decrease expected marginal utility are added.
author Freeman, Mark C.
author_facet Freeman, Mark C.
author_sort Freeman, Mark C.
title Basic risk aversion.
title_short Basic risk aversion.
title_full Basic risk aversion.
title_fullStr Basic risk aversion.
title_full_unstemmed Basic risk aversion.
title_sort basic risk aversion.
publishDate 2009
url http://hdl.handle.net/10454/2735
work_keys_str_mv AT freemanmarkc basicriskaversion
_version_ 1719238901134000128

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