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Risk Aversion with State-Dependent Preferences in the Rank-Dependent Expected Utility Theory

✍ Scribed by Chiu, W. Henry

Book ID
112441067
Publisher
Springer
Year
1996
Tongue
English
Weight
851 KB
Volume
21
Category
Article
ISSN
1573-6954

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πŸ“œ SIMILAR VOLUMES

093049 (E12) Risk aversion with state-de
093049 (E12) Risk aversion with state-dependent preferences in the rank-dependent expected utility theory : Chiu H., The Geneva Papers on Risk and Insurance Theory, vol. 21, No 2, 1996, pp. 159–177
πŸ“‚ Article πŸ“… 1997 πŸ› Elsevier Science 🌐 English βš– 90 KB

## 267 several carcinogens, these upper bounds are often summoned to estimate overall risk. This begs the question of whether a sum of upper bounds is itself a plausible estimate of overall risk. This question can be asked in two ways: whether the sum yields an improbable estimate of overall risk