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Increasing Risk: A Definition and Its Economic Consequences

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  • Michael Rothschild & Joseph E. Stiglitz, 1969. "Increasing Risk: A Definition and Its Economic Consequences," Cowles Foundation Discussion Papers 275, Cowles Foundation for Research in Economics, Yale University.
    • Handle: RePEc:cwl:cwldpp:275
    Note: CFP 341ab.
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    File URL: https://cowles.yale.edu/sites/default/files/files/pub/d02/d0275.pdf
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    References listed on IDEAS

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    1. Samuelson, Paul A., 1967. "General Proof that Diversification Pays*," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 2(1), pages 1-13, March.
    2. F. H. Hahn, 1970. "Savings and Uncertainty," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 37(1), pages 21-24.
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    Cited by:

    1. Wojtek Michalowski & Włodzimierz Ogryczak, 2001. "Extending the MAD portfolio optimization model to incorporate downside risk aversion," Naval Research Logistics (NRL), John Wiley & Sons, vol. 48(3), pages 185-200, April.
    2. Anderson, Jock R., 1972. "Risk And Farm Size In The Pastoral Zone," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 16(1), pages 1-10, April.
    3. Jorge Alcalde-Unzu & Marc Vorsatz, 2008. "The Measurement of Consensus: An Axiomatic Analysis," Working Papers 2008-28, FEDEA.
    4. Leima Davidovitz & Yoram Kroll, 1999. "Choices in Egalitarian Distribution: Inequality Aversion versus Risk Aversion," STICERD - Distributional Analysis Research Programme Papers 43, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.

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