Abstract
| Original language | English |
|---|---|
| Pages (from-to) | 79-81 |
| Number of pages | 3 |
| Journal | Mathematical Social Sciences |
| Volume | 60 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - 1 Jul 2010 |
| Externally published | Yes |
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Keywords
- Higher-order multiplicative risk apportionment
- Higher-order relative risk aversion
Cite this
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Multiplicative risk apportionment. / WANG, Jianli; LI, Jingyuan.
In: Mathematical Social Sciences, Vol. 60, No. 1, 01.07.2010, p. 79-81.Research output: Journal Publications › Journal Article (refereed)
TY - JOUR
T1 - Multiplicative risk apportionment
AU - WANG, Jianli
AU - LI, Jingyuan
PY - 2010/7/1
Y1 - 2010/7/1
N2 - This paper examines changes in a multiplicative risk and how these changes affect preferences in an expected-utility setting. We define higher-order multiplicative risk apportionment, via a particular classes of lottery preference and show it is equivalent to the magnitude of higher-order relative risk aversion.
AB - This paper examines changes in a multiplicative risk and how these changes affect preferences in an expected-utility setting. We define higher-order multiplicative risk apportionment, via a particular classes of lottery preference and show it is equivalent to the magnitude of higher-order relative risk aversion.
KW - Higher-order multiplicative risk apportionment
KW - Higher-order relative risk aversion
UR - http://commons.ln.edu.hk/sw_master/507
U2 - 10.1016/j.mathsocsci.2010.03.003
DO - 10.1016/j.mathsocsci.2010.03.003
M3 - Journal Article (refereed)
VL - 60
SP - 79
EP - 81
JO - Mathematical Social Sciences
JF - Mathematical Social Sciences
SN - 0165-4896
IS - 1
ER -