Risk Aversion in The Talmud
Evidence 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.
|Date of creation:||May 2002|
|Date of revision:|
|Publication status:||Published in Economic Theory, 2003, vol. 21, pp. 233-239.|
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