Some implications of common consequences in lotteries

Crainich, David; Eeckhoudt, Louis; Menegatti, Mario

Type de document :

Compte-rendu et recension critique d'ouvrage

DOI :

10.1007/s11166-019-09314-4

Titre :

Some implications of common consequences in lotteries

Auteur(s) :

Crainich, David [Auteur]

Lille économie management - UMR 9221 [LEM]
Eeckhoudt, Louis [Auteur]
Lille économie management - UMR 9221 [LEM]
Menegatti, Mario [Auteur]
Università degli studi di Parma = University of Parma [UNIPR]

Titre de la revue :

Journal of Risk and Uncertainty

Pagination :

185–202

Éditeur :

Springer Verlag

Date de publication :

2019-11-30

ISSN :

0895-5646

Mot(s)-clé(s) en anglais :

lotteries
risk aversion
risky challenges
self-protection
self-insurance

Discipline(s) HAL :

Sciences de l'Homme et Société/Economies et finances

Résumé en anglais : [en]

This work studies the implications of some aspects of preferences toward risk in the choice between two binary lotteries exhibiting a common consequence. The results obtained are then applied to two different problems: the ...
Lire la suite >This work studies the implications of some aspects of preferences toward risk in the choice between two binary lotteries exhibiting a common consequence. The results obtained are then applied to two different problems: the choice between two risky challenges characterized by different rewards in the case of success and different probabilities of success and the choice between self-protection and self-insurance in the presence of the risk of incurring financial loss.Lire moins >

Langue :

Anglais

Vulgarisation :

Non

Collections :