Even (Mixed) Risk Lovers Are Prudent: Comment

S-Tier
Journal: American Economic Review
Year: 2013
Volume: 103
Issue: 4
Pages: 1536-37

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

Abstract

Crainich, Eeckhoudt, and Trannoy (2013) show that mixed risk lovers are prudent. I show that common risk loving utility functions may not exhibit mixed risk loving??as is typical for risk aversion and mixed risk aversion??and thus these traits should be carefully distinguished. In particular, risk lovers may be imprudent.

Technical Details

RePEc Handle
repec:aea:aecrev:v:103:y:2013:i:4:p:1536-37
Journal Field
General
Author Count
1
Added to Database
2026-01-25