ALBERT — All Library Books, journals and Electronic Records Telegrafenberg

Hits per page

hit 1 - 1 | 1 hit

Select All Export

Electronic Resource

On the Effect of Risk Aversion in Two-Person, Two-State Finance Economies (2008)

Berden, Caroline ; Peters, Hans

Berkeley, Calif. : Berkeley Electronic Press (now: De Gruyter)

The @B.E. journal of theoretical economics 7.2008, 1, art47

add to mindlist on the mindlist

Details

ISSN: 1555-0478

Source: Berkeley Electronic Press Academic Journals

Topics: Economics

Notes: The effect of replacing an agent in a two-person two-state finance economy by a more risk averse agent is studied. It is established under which conditions the other agent benefits or looses in equilibrium from dealing with a more risk averse agent. If one agent becomes more risk averse, then the equilibrium allocation moves towards that agent's certainty line. Whether or not that is beneficial for the other agent depends on the location of the endowment point.

Type of Medium: Electronic Resource

URL: http://www.bepress.com/bejte/vol7/iss1/art47

	Location	Call Number	Expected	Availability

Others were also interested in ...

Paper (German National Licenses)

Fulltext

hit 1 - 1 | 1 hit