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Ordering utility functions based on mean-seeking behavior

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  • Gelles, Gregory M.
  • Mitchell, Douglas W.

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  • Gelles, Gregory M. & Mitchell, Douglas W., 1999. "Ordering utility functions based on mean-seeking behavior," The Quarterly Review of Economics and Finance, Elsevier, vol. 39(3), pages 317-328.
    • Handle: RePEc:eee:quaeco:v:39:y:1999:i:3:p:317-328
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    References listed on IDEAS

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    1. Mitchell, Douglas W., 1993. "Comparative behavior of "more risk averse" agents with two risky assets," The Quarterly Review of Economics and Finance, Elsevier, vol. 33(2), pages 171-177.
    2. David E. Bell, 1988. "One-Switch Utility Functions and a Measure of Risk," Management Science, INFORMS, vol. 34(12), pages 1416-1424, December.
    3. Ross, Stephen A, 1981. "Some Stronger Measures of Risk Aversion in the Small and the Large with Applications," Econometrica, Econometric Society, vol. 49(3), pages 621-638, May.
    4. Meyer, Jack, 1987. "Two-moment Decision Models and Expected Utility Maximization," American Economic Review, American Economic Association, vol. 77(3), pages 421-430, June.
    5. Machina, Mark J & Neilson, William S, 1987. "The Ross Characterization of Risk Aversion: Strengthening and Extension," Econometrica, Econometric Society, vol. 55(5), pages 1139-1149, September.
    6. Kihlstrom, Richard E & Romer, David & Williams, Steve, 1981. "Risk Aversion with Random Initial Wealth," Econometrica, Econometric Society, vol. 49(4), pages 911-920, June.
    7. Sandmo, Agnar, 1971. "On the Theory of the Competitive Firm under Price Uncertainty," American Economic Review, American Economic Association, vol. 61(1), pages 65-73, March.
    8. Chamberlain, Gary, 1983. "A characterization of the distributions that imply mean--Variance utility functions," Journal of Economic Theory, Elsevier, vol. 29(1), pages 185-201, February.
    9. Hadar, Josef & Seo, Tae Kun, 1990. "Ross' Measure of Risk Aversion and Portfolio Selection," Journal of Risk and Uncertainty, Springer, vol. 3(1), pages 93-99, March.
    10. David E. Bell, 1995. "Risk, Return, and Utility," Management Science, INFORMS, vol. 41(1), pages 23-30, January.
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