Browsing by Subject "Self-Protection"

Now showing items 1-2 of 2

    • Restricted Increases in Risk Aversion and Their Application 
      Eeckhoudt, Louis; Liu, Liqun; Meyer, Jack (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2015-02-23)
      This paper proposes two restricted forms of an increase in risk aversion. Using examples from portfolio choice, self-protection and insurance demand, it is shown that these stronger notions of increased risk aversion ...
    • Tradeoffs for Downside Risk-Averse Decision-Makers and the Self-Protection Decision 
      Denuit, Michel M.; Eeckhoudt, Louis; Liu, Liqun; Meyer, Jack (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2015-03-26)
      Besides risk aversion, decision makers are often assumed to be downside risk averse. In order to investigate tradeoffs that downside risk averse decision makers face, this paper proposes five stochastic orders, each ...