Risk Aversion and Self-Insurance-cum-Protection

被引：1

作者：

KANGOH LEE

机构：

[1] Towson University,Department of Economics

来源：

Journal of Risk and Uncertainty | 1998年 / 17卷

关键词：

Risk aversion; self-insurance-cum-protection;

D O I：

暂无

中图分类号：

学科分类号：

摘要：

Self-insurance and self-protection have been discussed separately in the literature. However, as observed in practice, many actions individuals take to modify a potential loss serve both as self-insurance and as self-protection. Given this practical importance of self-insurance-cum-protection activities, this paper examines the effect of increased risk aversion on such activities. The analysis shows that the effect depends in part on the shape of the loss function and that of the probability function.

引用

页码：139 / 151

页数：12

共 19 条

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