Investment Decision Under Uncertainty: Applications of the State-Preference Approach

S-Tier

Journal: Quarterly Journal of Economics

Year: 1966

Volume: 80

Issue: 2

Pages: 252-277

Authors (1)

J. Hirshleifer

Score contribution per author:

8.043 = (α=2.01 / 1 authors) × 4.0x S-tier

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

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Abstract

Introduction, 252. â I. State preference, risk aversion, and the utility-of-income function, 254. â II. Optimal capital structure, 264. â III. Uncertainty and the discount rate for public investment, 268. â IV. Concluding remarks, 275.

Investment Decision Under Uncertainty: Applications of the State-Preference Approach

Authors (1)

Abstract

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