Title of article :
Negative assortative matching of risk-averse agents with transferable expected utility
Author/Authors :
Sam Schulhofer-Wohl، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2006
Abstract :
I give necessary and sufficient conditions for expected utility to be transferable among agents with different state-independent risk preferences who share a risk they cannot influence. In an assignment game where participants choose partners based on risk aversion, the conditions permit a simple proof that matching is negative assortative.
Keywords :
Assortative matching , Risk sharing , transferable utility
Journal title :
Economics Letters
Journal title :
Economics Letters