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The definition of risk: An extension

โœ Scribed by Haim Levy


Book ID
115964096
Publisher
Elsevier Science
Year
1977
Tongue
English
Weight
134 KB
Volume
14
Category
Article
ISSN
0022-0531

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Two definitions of risk aversion have recently been proposed for nonexpected utility theories of choice under uncertainty: the former refers the measure of risk aversion (Montesano 1985(Montesano , 1986(Montesano and 1988) ) directly to the risk premium (i.e. to the difference between the expected v