𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Risk aversion and expected-utility theory: A calibration exercise

✍ Scribed by Laura Schechter

Publisher
Springer
Year
2007
Tongue
English
Weight
260 KB
Volume
35
Category
Article
ISSN
0895-5646

No coin nor oath required. For personal study only.

πŸ“œ SIMILAR VOLUMES

Measures of risk aversion with expected
Measures of risk aversion with expected and nonexpected utility
✍ Aldo Montesano πŸ“‚ Article πŸ“… 1991 πŸ› Springer 🌐 English βš– 647 KB

In the expected utility case, the risk-aversion measure is given by the Arrow-Pratt index. Three proposals of a risk-aversion measure for the nonexpected utility case are examined. The first one sets "the second derivative of the acceptance frontier as a measure of local risk aversion." The second o

Risk aversion and uncertainty in cost-ef
Risk aversion and uncertainty in cost-effectiveness analysis: the expected-utility, moment-generating function approach
✍ Elamin H. Elbasha πŸ“‚ Article πŸ“… 2005 πŸ› John Wiley and Sons 🌐 English βš– 221 KB πŸ‘ 1 views

## Abstract The availability of patient‐level data from clinical trials has spurred a lot of interest in developing methods for quantifying and presenting uncertainty in cost–effectiveness analysis (CEA). Although the majority has focused on developing methods for using sample data to estimate a co