Risk Aversion over Incomes and Risk Aversion over Commodities
This note determines the precise connection between an agent's attitude towards income risks and his attitude over risks in the underlying consumption space. Our results follow a general mathematical theory connecting the curvature properties of an objective function with the ray-curvature properties of its dual.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- John K.-H. Quah, 2000.
"The Monotonicity of Individual and Market Demand,"
Econometric Society, vol. 68(4), pages 911-930, July.
When requesting a correction, please mention this item's handle: RePEc:nuf:econwp:0309. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Maxine Collett)
If references are entirely missing, you can add them using this form.