Title of article
Willingness to pay, the risk premium and risk aversion
Author/Authors
L. Eeckhoudt، نويسنده , , Ph. Godfroid، نويسنده , , C. Gollier، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1997
Pages
6
From page
355
To page
360
Abstract
In this paper we compare the properties of two concepts that are often used to value risk transformations: The willingness to pay (W.T.P.) and the risk premium. We show that—in contrast to a widespread belief—some properties of the risk premium are not shared by W.T.P.
Keywords
Willingness to pay , Risk premium , Risk transformations
Journal title
Economics Letters
Serial Year
1997
Journal title
Economics Letters
Record number
434344
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