Are more risk averse agents more optimistic? Insights from a rational expectations model

C-Tier
Journal: Economics Letters
Year: 2008
Volume: 101
Issue: 1
Pages: 73-76

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

We analyse a model of partially revealing, rational expectations equilibrium with diverse information, endogenous beliefs formation and uncertain distribution of risk aversion. More risk averse agents are then more optimistic. Such a positive correlation is important for collective decision analysis.

Technical Details

RePEc Handle
repec:eee:ecolet:v:101:y:2008:i:1:p:73-76
Journal Field
General
Author Count
2
Added to Database
2026-01-25