Another Tale of Two Tails: On Characterizations of Comparative Risk.

B-Tier
Journal: Journal of Risk and Uncertainty
Year: 1998
Volume: 16
Issue: 2
Pages: 187-97

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We characterize the classes of utility functions that are consistent with different notions of mean preserving spreads introduced in the literature. This gives rise to a unified approach and extension of some definitions of increasing risk, including the concepts of Rothschild and Stiglitz (1970) and Landsberger and Meilijson (1990). The main idea is to restrict the centers of the mean preserving spreads to an arbitrary subset. Copyright 1998 by Kluwer Academic Publishers

Technical Details

RePEc Handle
repec:kap:jrisku:v:16:y:1998:i:2:p:187-97
Journal Field
Theory
Author Count
1
Added to Database
2026-01-26