Changing risks and optimal effort
Type de document :
Compte-rendu et recension critique d'ouvrage
Titre :
Changing risks and optimal effort
Auteur(s) :
Crainich, David [Auteur]
Lille économie management - UMR 9221 [LEM]
Eeckhoudt, Louis [Auteur]
Lille économie management - UMR 9221 [LEM]
Menegatti, Mario [Auteur]
Lille économie management - UMR 9221 [LEM]
Eeckhoudt, Louis [Auteur]
Lille économie management - UMR 9221 [LEM]
Menegatti, Mario [Auteur]
Titre de la revue :
Journal of Economic Behavior and Organization
Pagination :
97--106
Éditeur :
Elsevier
Date de publication :
2016-05
ISSN :
0167-2681
Mot(s)-clé(s) en anglais :
Effort
Self-protection
Nth-order risk changes
Mixed risk aversion
Mixed risk loving
Self-protection
Nth-order risk changes
Mixed risk aversion
Mixed risk loving
Discipline(s) HAL :
Sciences de l'Homme et Société/Economies et finances
Résumé en anglais : [en]
Consider a decision maker who can engage in effort to increase the probability of facing a better risky situation. Intuition suggests that effort should increase when there is a greater difference between the best risky ...
Lire la suite >Consider a decision maker who can engage in effort to increase the probability of facing a better risky situation. Intuition suggests that effort should increase when there is a greater difference between the best risky situation and the worse one. We show that this intuition is not necessarily valid and we consider the cases of risk averters and risk lovers.Lire moins >
Lire la suite >Consider a decision maker who can engage in effort to increase the probability of facing a better risky situation. Intuition suggests that effort should increase when there is a greater difference between the best risky situation and the worse one. We show that this intuition is not necessarily valid and we consider the cases of risk averters and risk lovers.Lire moins >
Langue :
Anglais
Vulgarisation :
Non
Collections :
Source :