RISK AND RISK-AVERSION FOR STATE-DEPENDENT UTILITY

被引：2
|
作者：
KELSEY, D [1 ]
机构：
[1] AUSTRALIAN NATL UNIV,CANBERRA,ACT 2600,AUSTRALIA
来源：
THEORY AND DECISION | 1992年 / 33卷 / 01期
关键词：
RISK AVERSION; STATE-DEPENDENT UTILITY;
D O I：
10.1007/BF00133983
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper analyses risk and risk aversion in the state-dependent utility model, which is useful for modelling health or life insurance purchase. We use Karni's (1983) definition of risk aversion, and extend the class of risks to which it can be applied.
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页码：71 / 82
页数：12
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