Risk Aversion in The Talmud
AbstractEvidence is adduced that the sages of the ancient Babylonian Talmud, as well as some of the medieval commentators theorem, were well aware of sophisticated concepts of modern theories of risk-bearing.
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Bibliographic InfoPaper provided by The Center for the Study of Rationality, Hebrew University, Jerusalem in its series Discussion Paper Series with number dp287.
Length: 10 pages
Date of creation: May 2002
Date of revision:
Publication status: Published in Economic Theory, 2003, vol. 21, pp. 233-239.
Other versions of this item:
- JEL - Labor and Demographic Economics - - - - -
- Cla - Mathematical and Quantitative Methods - - - - -
- Num - Economic History - - - - -
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- Harmgart, H. & Huck, S. & Müller, W., 2006.
"The Miracle as Randomization Device: A Lesson from Richard Wagner's Romantic Opera Tannhauser und der Sangerkrieg auf Wartburg,"
2006-006, Tilburg University, Tilburg Law and Economic Center.
- Harmgart, Heike & Huck, Steffen & Müller, Wieland, 2009. "The miracle as a randomization device: A lesson from Richard Wagner's romantic opera Tannhäuser und der Sängerkrieg auf Wartburg," Economics Letters, Elsevier, vol. 102(1), pages 33-35, January.
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