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A further remark on two-moment decisions models and utility-representable preferences
- Source :
- Journal of Economic Behavior & Organization. Nov, 2004, Vol. 55 Issue 3, p435, 2 p.
- Publication Year :
- 2004
-
Abstract
- A further sufficient condition on two-moment decision models and utility-respresentable preferences is described, which is centered on partial relative risk aversion introduced by Menezes and Hanson (1970) in the expected utility framework.
- Subjects :
- Utility theory -- Usage
Decision theory -- Analysis
Business
Economics
Subjects
Details
- Language :
- English
- ISSN :
- 01672681
- Volume :
- 55
- Issue :
- 3
- Database :
- Gale General OneFile
- Journal :
- Journal of Economic Behavior & Organization
- Publication Type :
- Academic Journal
- Accession number :
- edsgcl.127146884