Background risk in generalized expected utility theory

B-Tier
Journal: Economic Theory
Year: 2003
Volume: 22
Issue: 3
Pages: 607-611

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

In this paper, it is shown that, for a wide range of risk-averse generalized expected utility preferences, independent risks are complementary, contrary to the results for expected utility preferences satisfying conditions such as proper and standard risk aversion. Copyright Springer-Verlag Berlin Heidelberg 2003

Technical Details

RePEc Handle
repec:spr:joecth:v:22:y:2003:i:3:p:607-611
Journal Field
Theory
Author Count
1
Added to Database
2026-01-29