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Risk aversion

Known as: Increasing absolute risk aversion, Decreasing absolute risk aversion, Risk averse 
In economics and finance, risk aversion is the behavior of humans (especially consumers and investors), when exposed to uncertainty, to attempt to… 
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Related topics

Related topics

20 relations
Concave functionDatar–Mathews method for real option valuationEntropic risk measureExpected utility hypothesis

Broader (1)

Utility

Papers overview

Semantic Scholar uses AI to extract papers important to this topic.
Highly Cited
2018
Highly Cited
2018
Modeling Risk Aversion in Economics
To capture the risk-aversion intuition, the standard approach in economics has been to utilize the model of expected utility, in… 
Highly Cited
2014
Highly Cited
2014
Joint measurement of risk aversion, prudence, and temperance
Risk aversion—but also the higher-order risk preferences of prudence and temperance—are fundamental concepts in the study of… 
Highly Cited
2011
Highly Cited
2011
Relative Risk Aversion Is Constant: Evidence from Panel Data
Most classical tests of constant relative risk aversion (CRRA) based on individual portfolio composition use cross sectional data… 
Highly Cited
2010
Highly Cited
2010
Risk-aversion and prudence in rent-seeking games
This paper considers a common n-agent symmetric rent-seeking game. It derives conditions so that risk-aversion and risk always… 
Highly Cited
2010
Highly Cited
2010
Childhood Determinants of Risk Aversion: The Long Shadow of Compulsory Education
We study the determinants of individual attitudes towards risk and, in particular, why some individuals exhibit extremely high… 
Highly Cited
2010
Highly Cited
2010
NBER WORKING PAPER SERIES SECURITIZATION WITHOUT RISK TRANSFER
We analyze asset-backed commercial paper conduits which played a central role in the early phase of the financial crisis of 2007… 
Highly Cited
2007
Highly Cited
2007
Risk Aversion in Inventory Management
Traditional inventory models focus on risk-neutral decision makers, i.e., characterizing replenishment strategies that maximize… 
Review
2005
Review
2005
Exploring the Concept and Measurement of General Risk Aversion
In this paper we explore the concept and measurement of a general‐as opposed to domain-specific‐risk aversion construct. We… 
Review
1996
Review
1996
Understanding Risk: Informing Decisions in a Democratic Society
Understanding Risk addresses a central dilemma of risk decisionmaking in a democracy: detailed scientific and technical… 
Highly Cited
1985
Highly Cited
1985
PARTICIPATIVE BUDGETING - THE EFFECTS OF RISK-AVERSION AND ASYMMETRIC INFORMATION ON BUDGETARY SLACK
A number of behavioral studies have attempted to determine the kinds of influences participative budgeting has on such aspects as… 
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