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dc.contributor.authorJouini, Elyès
HAL ID: 6654
dc.contributor.authorNapp, Clotilde
HAL ID: 741006
ORCID: 0000-0002-7008-5949
dc.contributor.authorNocetti, Diego
dc.date.accessioned2014-01-10T14:40:33Z
dc.date.available2014-01-10T14:40:33Z
dc.date.issued2013
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/12392
dc.language.isoenen
dc.subjectComparative staticsen
dc.subjectNth degree risk increasesen
dc.subjectRisk disaggregationen
dc.subject.ddc332en
dc.subject.classificationjelG11en
dc.subject.classificationjelD9en
dc.subject.classificationjelD8en
dc.titleEconomic consequences of Nth-degree risk increases and Nth-degree risk attitudesen
dc.typeArticle accepté pour publication ou publié
dc.description.abstractenWe study comparative statics of Nth-degree risk increases within a large class of problems that involve bidimensional payoffs and additive or multiplicative risks. We establish necessary and sufficient conditions for unambiguous impact of Nth-degree risk increases on optimal decision making. We develop a simple and intuitive approach to interpret these conditions : novel notions of directional Nth-degree risk aversion that are characterized via preferences over lotteries.en
dc.relation.isversionofjnlnameJournal of risk and uncertainty
dc.relation.isversionofjnlvol47en
dc.relation.isversionofjnlissue2en
dc.relation.isversionofjnldate2013
dc.relation.isversionofjnlpages199-224en
dc.relation.isversionofdoihttp://dx.doi.org/10.1007/s11166-013-9176-6en
dc.relation.isversionofjnlpublisherSpringeren
dc.subject.ddclabelEconomie financièreen
dc.relation.forthcomingnonen
dc.relation.forthcomingprintnonen


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