Detail Increases in Risk and Linear Payoffs   Oleh:  Eeckhoudt, Louis ; Dionne, Georges ; Gollier, Christian Jenis: Article from Bulletin/Magazine Dalam koleksi: INTERNATIONAL ECONOMIC REVIEW vol. 34 no. 2 (1993), page 309-320. Topik: risks; increase; risk; linear payoffs Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: II49.3 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel This paper is concerned with the effect of increases in risk on optimal decision variables for the class of linear payoffs. We show that for this class of payoffs one can extend the class of admissible increases in risk and obtain the desirable comparative statics properties. We propose the definition of a "relatively weak increase in risk" and apply it to the case of the competitive firm with constant marginal costs, the standard portfolio model and the coinsurance problem. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

Copyright © 2006, 2007 Unika Atma Jaya, all rights reserved