Title of article :
Prudence and risk vulnerability in two-moment decision models
Author/Authors :
Andreas Wagener، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2002
Abstract :
Prudence, risk vulnerability, temperance and some related concepts have recently been introduced into the expected-utility framework of decision making under uncertainty. We demonstrate how they can be meaningfully formulated in terms of two-moment, mean-standard deviation preferences
Keywords :
Prudence , Risk vulnerability , Mean-variance preferences , Risk aversion
Journal title :
Economics Letters
Journal title :
Economics Letters