Preference Among Risky Prospects Under Constant Risk Aversion
Risk analyses often require a measure of individual risk aversion. Here a procedure is presented to calculate risk aversion parameter ranges wherein individuals would exhibit preference among a set of risky prospects.
Volume (Year): 20 (1988)
Issue (Month): 02 (December)
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- McCarl, Bruce A., 1990.
"Generalized Stochastic Dominance: An Empirical Examination,"
Southern Journal of Agricultural Economics,
Southern Agricultural Economics Association, vol. 22(02), December.
- McCarl, Bruce A., 1990. "Generalized Stochastic Dominance: An Empirical Examination," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 22(02), pages 49-55, December.
- Meyer, Jack, 1977. "Choice among distributions," Journal of Economic Theory, Elsevier, vol. 14(2), pages 326-336, April.
- McCarl, Bruce A. & Bessler, David A., 1989.
"Estimating An Upper Bound On The Pratt Risk A Version Coefficient When The Utility Function Is Unknown,"
Australian Journal of Agricultural Economics,
Australian Agricultural and Resource Economics Society, vol. 33(01), April.
- Bruce A. McCarl & David A. Bessler, 1989. "Estimating An Upper Bound On The Pratt Risk A Version Coefficient When The Utility Function Is Unknown," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 33(1), pages 56-63, 04.
- Tauer, Loren W., 1999. "Life Insurance Funding of Buy-Sell Arrangements in Small Businesses," Working Papers 14733, Cornell University, Department of Applied Economics and Management.
- Jeffrey Apland & Bruce A. McCarl & William L. Miller, 1980. "Risk and the Demand for Supplemental Irrigation: A Case Study in the Corn Belt," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 62(1), pages 142-145.
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