Title of article
Risk-sharing CARA individuals are collectively EU
Author/Authors
John Bone، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1998
Pages
7
From page
311
To page
317
Abstract
This paper analyses the agreed choices, from uncertain financial prospects, of a group of individuals. The groupʹs agreed choices will conform to Expected Utility theory, if each individual has constant absolute risk-aversion, and if they share risk efficiently.
Keywords
(Constant absolute) ri sk-
Journal title
Economics Letters
Serial Year
1998
Journal title
Economics Letters
Record number
434510
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