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Details about Christian Gollier

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Homepage:http://www.tse-fr.eu/people/christian-gollier?lang=en
Workplace:Toulouse School of Economics (TSE), (more information at EDIRC)

Access statistics for papers by Christian Gollier.

Last updated 2023-01-26. Update your information in the RePEc Author Service.

Short-id: pgo91


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Working Papers

2022

  1. Entre fin de mois et fin du monde: Économie de nos responsabilités envers l'humanité
    Post-Print, HAL
  2. Fighting the war against climate change
    TSE Working Papers, Toulouse School of Economics (TSE) Downloads
  3. The Discounting Premium Puzzle: Survey evidence from professional economists
    TSE Working Papers, Toulouse School of Economics (TSE) Downloads
    Also in Economics Series Working Papers, University of Oxford, Department of Economics (2022) Downloads
  4. The cost-efficiency carbon pricing puzzle
    TSE Working Papers, Toulouse School of Economics (TSE) Downloads View citations (4)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021) Downloads View citations (9)
  5. The portfolio of economic policies needed to fight climate change
    Working Paper Series, Peterson Institute for International Economics Downloads View citations (1)

2021

  1. Investment Strategies and Corporate Behaviour with Socially Responsible Investors: A Theory of Active Ownership
    Working Papers, FAERE - French Association of Environmental and Resource Economists Downloads View citations (1)
    See also Journal Article in Economica (2022)
  2. The French case
    Post-Print, HAL
  3. The Welfare Cost of Ignoring the Beta
    FEEM Working Papers, Fondazione Eni Enrico Mattei (FEEM) Downloads View citations (3)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021) Downloads
    Working Papers, Fondazione Eni Enrico Mattei (2021) Downloads View citations (3)
  4. The welfare cost of vaccine misallocation, delays and nationalism
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (7)
    See also Journal Article in Journal of Benefit-Cost Analysis (2021)

2020

  1. Aversion to risk of regret and preference for positively skewed risks
    Post-Print, HAL Downloads View citations (5)
    Also in TSE Working Papers, Toulouse School of Economics (TSE) (2016) Downloads View citations (9)

    See also Journal Article in Economic Theory (2020)
  2. Cost–benefit analysis of age‐specific deconfinement strategies
    Post-Print, HAL Downloads View citations (27)
    See also Journal Article in Journal of Public Economic Theory (2020)
  3. Déconfinement et lutte contre l’épidémie de Covid-19: grouper les tests pour plus d’efficacité
    Institut des Politiques Publiques, HAL Downloads
    Also in Post-Print, HAL (2020) Downloads
  4. Group Testing Against Covid-19
    EconPol Policy Brief, ifo Institute - Leibniz Institute for Economic Research at the University of Munich Downloads View citations (18)
    Also in Working Papers, Center for Research in Economics and Statistics (2020) Downloads View citations (16)
    Post-Print, HAL (2020) Downloads View citations (15)
  5. If the Objective is Herd Immunity, on Whom Should it be Built?
    EconPol Policy Brief, ifo Institute - Leibniz Institute for Economic Research at the University of Munich Downloads View citations (14)
    Also in Post-Print, HAL (2020) View citations (14)
    Post-Print, HAL (2020) Downloads View citations (14)

    See also Journal Article in Environmental & Resource Economics (2020)
  6. Les entreprises et la finance face à leurs responsabilités climatiques
    Post-Print, HAL
    See also Journal Article in Revue d'économie financière (2020)
  7. Lockdown exit and control of the Covid-19 epidemic: group tests can be more effective
    Post-Print, HAL Downloads
    Also in Institut des Politiques Publiques, HAL (2020) Downloads
  8. Pandemic economics: Optimal dynamic confinement under uncertainty and learning
    Post-Print, HAL Downloads View citations (15)
    Also in Post-Print, HAL (2020) Downloads View citations (11)

    See also Journal Article in The Geneva Risk and Insurance Review (2020)
  9. Risk-adjusted social discount rates
    TSE Working Papers, Toulouse School of Economics (TSE) Downloads View citations (2)

2019

  1. A general theory of risk apportionment
    TSE Working Papers, Toulouse School of Economics (TSE) Downloads View citations (4)
    See also Journal Article in Journal of Economic Theory (2021)
  2. Le climat après la fin du mois
    Post-Print, HAL View citations (1)

2018

  1. SYMPOSIUMON CHOICES UNDER UNCERTAINTY: BEYOND RISK AVERSION
    Post-Print, HAL
    See also Journal Article in Journal of Risk & Insurance (2018)
  2. The climate beta
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library Downloads View citations (26)
    Also in GRI Working Papers, Grantham Research Institute on Climate Change and the Environment (2015) Downloads View citations (4)
    TSE Working Papers, Toulouse School of Economics (TSE) (2015) Downloads View citations (5)
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2015) Downloads View citations (6)

    See also Journal Article in Journal of Environmental Economics and Management (2018)
  3. Toward a Systematic Approach to the Economic Effects of Risk: Characterizing Utility Functions"
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (1)
    Also in TSE Working Papers, Toulouse School of Economics (TSE) (2018) Downloads View citations (1)

    See also Journal Article in Journal of Risk & Insurance (2018)
  4. Valuation of natural capital under uncertain substitutability
    TSE Working Papers, Toulouse School of Economics (TSE) Downloads View citations (1)
    Also in IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2017) Downloads View citations (2)

    See also Journal Article in Journal of Environmental Economics and Management (2019)

2017

  1. Variance stochastic orders
    TSE Working Papers, Toulouse School of Economics (TSE) Downloads View citations (1)
    See also Journal Article in Journal of Mathematical Economics (2019)

2016

  1. Early resolution of uncertainty and asset prices
    2016 Meeting Papers, Society for Economic Dynamics Downloads
  2. Explaining rank-dependent utility with regret and rejoicing
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (3)

2015

  1. Evaluation of long-dated assets: The role of parameter uncertainty
    TSE Working Papers, Toulouse School of Economics (TSE) Downloads View citations (11)
    See also Journal Article in Journal of Monetary Economics (2016)
  2. Evaluation of long-dated investments under uncertain growth trend, volatility and catastrophes
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (9)
    Also in LERNA Working Papers, LERNA, University of Toulouse (2012) Downloads View citations (21)
    CESifo Working Paper Series, CESifo (2012) Downloads View citations (20)
  3. Taux d'actualisation et rémunération du capital
    TSE Working Papers, Toulouse School of Economics (TSE) Downloads View citations (2)
    See also Journal Article in Revue française d'économie (2015)

2014

  1. Cyclicality and term structure of Value-at-Risk within a threshold autoregression setup
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads
    Also in TSE Working Papers, Toulouse School of Economics (TSE) (2014) Downloads
  2. Gamma discounters are short-termist
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (7)
    Also in TSE Working Papers, Toulouse School of Economics (TSE) (2014) Downloads View citations (7)

    See also Journal Article in Journal of Public Economics (2016)
  3. The "Washing Machine": Investment Strategies and Corporate Behavior with Socially Responsible Investors
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (21)
    Also in TSE Working Papers, Toulouse School of Economics (TSE) (2014) Downloads View citations (14)
  4. The relevance and the limits of the Arrow-Lind Theorem
    Post-Print, HAL View citations (9)

2013

  1. A theory of rational short-termism with uncertain betas
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads
    Also in LERNA Working Papers, LERNA, University of Toulouse (2012) Downloads
    TSE Working Papers, Toulouse School of Economics (TSE) (2013) Downloads
  2. Asset Pricing with Uncertain Betas: A Long-Term Perspective
    CESifo Working Paper Series, CESifo Downloads View citations (2)
    Also in IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2012) Downloads
    TSE Working Papers, Toulouse School of Economics (TSE) (2012) Downloads
  3. Determining Benefits and Costs for Future Generations
    Scholarly Articles, Harvard University Department of Economics Downloads View citations (111)
  4. How Should Benefits and Costs Be Discounted in an Intergenerational Context?
    Working Paper Series, Department of Economics, University of Sussex Business School Downloads View citations (10)
  5. Optimal insurance design of ambiguous risks
    LERNA Working Papers, LERNA, University of Toulouse Downloads View citations (1)
    Also in TSE Working Papers, Toulouse School of Economics (TSE) (2013) Downloads View citations (1)
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2013) Downloads View citations (1)

    See also Journal Article in Economic Theory (2014)
  6. Risk and Choice: A Research Saga
    TSE Working Papers, Toulouse School of Economics (TSE) Downloads View citations (16)
    Also in IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2013) Downloads View citations (16)

    See also Journal Article in Journal of Risk and Uncertainty (2013)

2012

  1. Changer la Finance ! L’investissement socialement responsable en quête de légitimité Finance durable et investissement responsable
    Regards économiques, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES) Downloads View citations (1)
  2. Eliciting ambiguity aversion in unknown and in compound lotteries: A KMM experimental approach
    TSE Working Papers, Toulouse School of Economics (TSE) Downloads
    Also in LERNA Working Papers, LERNA, University of Toulouse (2012) Downloads
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2012) Downloads
    Working Papers, Department of Economics, University of Venice "Ca' Foscari" (2012) Downloads
  3. Equilibrium Corporate Behavior and Capital Asset Prices with Socially Responsible Investors
    LERNA Working Papers, LERNA, University of Toulouse Downloads View citations (8)
    Also in TSE Working Papers, Toulouse School of Economics (TSE) (2012) Downloads View citations (9)
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2012) Downloads View citations (9)
  4. Equilibrium Corporate Behavior and Capital Asset Prices with Socially Responsible Investorsn Asset Prices and Corporate Behavior
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (8)
  5. How Should Benefits and Costs Be Discounted in an Intergenerational Context? The Views of an Expert Panel
    RFF Working Paper Series, Resources for the Future Downloads View citations (25)

2011

  1. Information and the Equity Premium
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (2)
    Also in Working Papers, Department of Economics, W. P. Carey School of Business, Arizona State University Downloads View citations (3)

    See also Journal Article in Journal of the European Economic Association (2011)
  2. Le calcul du risque dans les investissements publics
    Post-Print, HAL View citations (22)
    Also in Post-Print, HAL (2011) View citations (22)
  3. On the Underestimation of the Precautionary Effect in Discounting
    CESifo Working Paper Series, CESifo Downloads View citations (13)
  4. Portfolio Choices and Asset Prices: The Comparative Statics of Ambiguity Aversion
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (128)
    Also in TSE Working Papers, Toulouse School of Economics (TSE) (2009) Downloads View citations (16)

    See also Journal Article in Review of Economic Studies (2011)

2010

  1. Discounting, Inequalities and Economic Convergence
    CESifo Working Paper Series, CESifo Downloads View citations (10)

2009

  1. Assets Returns Volatility and Investment Horizon: The French Case
    CESifo Working Paper Series, CESifo Downloads View citations (4)
    Also in THEMA Working Papers, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise (2008) Downloads
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2008) Downloads View citations (1)
  2. Cyclicality and Term Structure of Value-at-Risk in Europe
    TSE Working Papers, Toulouse School of Economics (TSE) Downloads View citations (1)
    Also in IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2009) Downloads View citations (1)
  3. Ecological Discounting
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (1)
    Also in TSE Working Papers, Toulouse School of Economics (TSE) (2009) Downloads View citations (1)
    LERNA Working Papers, LERNA, University of Toulouse (2008) Downloads View citations (1)

    See also Journal Article in Journal of Economic Theory (2010)
  4. Expected Net Present Value, Expected Net Future Value, and the Ramsey Rule
    CESifo Working Paper Series, CESifo Downloads View citations (13)
    Also in LERNA Working Papers, LERNA, University of Toulouse (2008) Downloads View citations (1)
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2009) Downloads View citations (13)
    TSE Working Papers, Toulouse School of Economics (TSE) (2009) Downloads View citations (11)

    See also Journal Article in Journal of Environmental Economics and Management (2010)
  5. Finance durable et investissement responsable
    TSE Working Papers, Toulouse School of Economics (TSE) Downloads View citations (3)
    Also in IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2009) Downloads View citations (3)
  6. How Should the Distant Future be Discounted When Discount Rates are Uncertain?
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (9)
    Also in CESifo Working Paper Series, CESifo (2009) Downloads View citations (9)
    TSE Working Papers, Toulouse School of Economics (TSE) (2009) Downloads View citations (9)

    See also Journal Article in Economics Letters (2010)
  7. Optimal Choice and Beliefs with Ex Ante Savoring and Ex Post Disappointment
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads
    Also in CFS Working Paper Series, Center for Financial Studies (CFS) (2006) Downloads View citations (5)
  8. Shareholder Activism and Socially Responsible Investors: Equilibrium Changes in Asset Prices and Corporate Behavior
    TSE Working Papers, Toulouse School of Economics (TSE) Downloads View citations (6)
  9. Should We Discount the Far-Distant Future at Its Lowest Possible Rate?
    Economics Discussion Papers, Kiel Institute for the World Economy (IfW Kiel) Downloads View citations (34)
    Also in LERNA Working Papers, LERNA, University of Toulouse (2008) Downloads View citations (2)

    See also Journal Article in Economics - The Open-Access, Open-Assessment E-Journal (2007-2020) (2009)
  10. Term Structure and Cyclicity of Value-at-Risk: Consequences for the Solvency Capital Requirement
    CESifo Working Paper Series, CESifo Downloads View citations (5)

2008

  1. Declining Discount Rates: Economic Justifications and Implications for Long-Run Policy
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (67)
    Also in LERNA Working Papers, LERNA, University of Toulouse (2008) Downloads View citations (65)

    See also Journal Article in Economic Policy (2008)
  2. Discounting with Fat-Tailed Economic Growth
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (78)
    Also in LERNA Working Papers, LERNA, University of Toulouse (2008) Downloads View citations (79)

    See also Journal Article in Journal of Risk and Uncertainty (2008)
  3. Resource Allocation When Projects Have Ranges of Increasing Returns
    Working Paper Series, Harvard University, John F. Kennedy School of Government Downloads
    Also in LERNA Working Papers, LERNA, University of Toulouse (2007) Downloads

    See also Journal Article in Journal of Risk and Uncertainty (2008)
  4. Socially Efficient Discounting under Ambiguity Aversion
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (35)

2007

  1. Assets Relative Risk for Long-term Investors
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads
  2. Intergenerational Risk-Sharing and Risk-Taking of a Pension Fund
    CESifo Working Paper Series, CESifo Downloads View citations (4)
    Also in IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2007) Downloads View citations (4)

    See also Journal Article in Journal of Public Economics (2008)
  3. Le calcul économique dans le processus de choix collectif des investissements de transport
    PSE-Ecole d'économie de Paris (Postprint), HAL Downloads
    Also in Post-Print, HAL (2007) Downloads View citations (2)
  4. Optimal Beliefs, Asset Prices and the Preference for Skewed Returns
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (170)
    Also in IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2007) Downloads View citations (173)
    NBER Working Papers, National Bureau of Economic Research, Inc (2007) Downloads View citations (171)

    See also Journal Article in American Economic Review (2007)
  5. Optimal expectations with complete markets
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads
  6. The Determinants of the Insurance Demand by Firms
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (2)
  7. Understanding Saving and Portfolio Choices with Predictable Changes in Assets Returns
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads
    See also Journal Article in Journal of Mathematical Economics (2008)

2006

  1. An Evaluation of Stern's Report on the Economics of Climate Change
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (5)
  2. Optimal choice and beliefs with ex ante savoring ex post disappointment
    LERNA Working Papers, LERNA, University of Toulouse Downloads View citations (5)

2005

  1. Does Flexibility Enhance Risk Tolerance?
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (6)
  2. Economic and financial decisions under risk
    Post-Print, HAL View citations (170)
  3. Optimal Illusions and Decisions under Risk
    CESifo Working Paper Series, CESifo Downloads View citations (19)
    Also in IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2005) Downloads View citations (14)
  4. Optimal Portfolio Management for Individual Pension Plans
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (6)
    Also in CESifo Working Paper Series, CESifo (2005) Downloads View citations (5)
  5. Optimal consumption and the timing of the resolution of uncertainty
    Post-Print, HAL View citations (23)
    Also in LIDAM Reprints CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) (2005) Downloads View citations (15)

    See also Journal Article in European Economic Review (2005)
  6. STUDY ON COMPETITION POLICY IN THE PORTUGUESE INSURANCE SECTOR: ECONOMETRIC MEASUREMENT OF UNILATERAL EFFECTS IN THE CAIXA/BCP MERGER CASE
    Working Papers, Portuguese Competition Authority Downloads
  7. Some Aspects of the Economics of Catastrophe Risk Insurance
    CESifo Working Paper Series, CESifo Downloads View citations (24)
  8. The Consumption-Based Determinants of the Term Structure of Discount Rates
    CESifo Working Paper Series, CESifo Downloads View citations (13)
    Also in IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2004) Downloads View citations (2)
  9. The impact of prudence on optimal prevention
    Post-Print, HAL View citations (135)
    See also Journal Article in Economic Theory (2005)

2004

  1. Choice of Nuclear Power Investments ander Price Uncertainty: Valuing Modularity
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse View citations (1)
    Also in IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2004) View citations (1)

    See also Journal Article in Energy Economics (2005)
  2. Optimal Positive Thinking and Decisions under Risk
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (1)

2003

  1. Collective Investment Decision Making with Heterogeneous Time Preferences
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (2)
    Also in IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2003) Downloads View citations (3)
    CESifo Working Paper Series, CESifo (2003) Downloads View citations (3)
  2. Collective Risk-Taking Decisions with Heterogeneous Beliefs
    CESifo Working Paper Series, CESifo Downloads View citations (3)
  3. Maximizing the Expected Net Future Value as an Alternative Strategy to Gamma Discounting
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (3)
    See also Journal Article in Finance Research Letters (2004)
  4. Optimal Dynamic Portfolio Risk with First-Order and Second-Order Predictability
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads
    See also Journal Article in The B.E. Journal of Theoretical Economics (2004)
  5. Transitory Shocks to GNP and the Consumption-Based Term Structure of Interest Rates
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads
  6. Who Should we Believe? Collective Risk-Taking Decisions with Heterogeneous Beliefs
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (4)

2002

  1. Optimal Prevention of Unknown Risks: A Dynamic Approach with Learning
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (10)

2001

  1. Are Independent Optimal Risks Substitutes?
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse Downloads View citations (4)
  2. Changes in Risk and Asset Prices
    CESifo Working Paper Series, CESifo Downloads
    See also Journal Article in Journal of Monetary Economics (2002)
  3. How Diagnostic Tests Affect Prevention: a Cost-Benefit Analysis
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy Downloads View citations (2)
  4. Which shape for the cost curve of risk?
    LIDAM Reprints CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) View citations (10)
    Also in Working Papers, Toulouse - GREMAQ (1998) View citations (9)

2000

  1. Scientific progress and irreversibility: an economic interpretation of the Precautionary principle
    ([Progrès scientifique et irréversibilité: une interprétation économique du principe de précaution])
    Post-Print, HAL View citations (92)
    See also Journal Article in Journal of Public Economics (2000)

1998

  1. Discounting an Uncertain Future
    CESifo Working Paper Series, CESifo Downloads View citations (4)
    See also Journal Article in Journal of Public Economics (2002)

1997

  1. Changing in Risk and Risk Taking: A Survey
    Working Papers, Toulouse - GREMAQ View citations (12)
  2. Horizon Length and Portfolio Risk
    NBER Technical Working Papers, National Bureau of Economic Research, Inc Downloads View citations (12)
    See also Journal Article in Journal of Risk and Uncertainty (2002)
  3. Learning and Irreversibility: An Econmic Interpretation of the "Precautionnary Principle"
    Working Papers, Toulouse - GREMAQ View citations (3)
  4. Optimal Insurance Design: What Can We Do Without Expected Utility?
    Working Papers, Toulouse - GREMAQ
  5. Wealth Inequality and Asset Pricing
    Working Papers, Toulouse - GREMAQ View citations (2)
    See also Journal Article in Review of Economic Studies (2001)

1996

  1. A Model Of Comparative Statics For Changes in Stochastic Returns With Dependent Risky Assets
    Working Papers, Toulouse - GREMAQ View citations (6)
    Also in Cahiers de recherche, Universite de Montreal, Departement de sciences economiques (1995) Downloads View citations (2)
    Working Papers, Paris X - Nanterre, U.F.R. de Sc. Ec. Gest. Maths Infor. (1996) View citations (6)
    THEMA Working Papers, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise (1996) View citations (7)

    See also Journal Article in Journal of Risk and Uncertainty (1996)
  2. Investment Flexibility and the Acceptance of Risk
    Working Papers, Toulouse - GREMAQ View citations (1)
    See also Journal Article in Journal of Economic Theory (1997)
  3. New Methods in the Classical Economics of Uncertainty: Comparing Risks
    Working Papers, Toulouse - GREMAQ View citations (7)
    See also Journal Article in The Geneva Papers on Risk and Insurance Theory (2018)
  4. Peer Grouping in An Adverse Selection Model
    Discussion Papers, University College London, Department of Economics Downloads View citations (2)
  5. Risk-Taking Behavior with Limited Liability and Risk Aversion
    Center for Financial Institutions Working Papers, Wharton School Center for Financial Institutions, University of Pennsylvania Downloads View citations (15)
  6. The Effect of an Early Resolution of Uncertainty on Savings
    Working Papers, Toulouse - GREMAQ
  7. The Insurance of Low Probability Events
    Working Papers, Toulouse - GREMAQ View citations (5)
  8. The No Loss Offset Provision and the Attitude Towards Risk of a Risk-Neutral Firm
    Working Papers, Toulouse - GREMAQ
    See also Journal Article in Journal of Public Economics (1997)
  9. Time Horizon Length and Risk Aversion
    Working Papers, Toulouse - GREMAQ

1994

  1. Adverse selection in an insurance pool
    Working Papers, Risk and Insurance Archive
  2. Changes in Background Risk and Risk Taking Behavior
    Working Papers, Risk and Insurance Archive View citations (31)
    See also Journal Article in Econometrica (1996)
  3. Demand for Risky Assets and Stochastic Dominance: A Note
    Working Papers, Risk and Insurance Archive
  4. Dynamic Risk Taking With Indivisible Risks
    Working Papers, Risk and Insurance Archive
  5. Europe's unemployment problem
    LIDAM Reprints CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) Downloads
  6. Recursive Utility, Precautionary Saving and the Demand for Insurance
    Working Papers, Risk and Insurance Archive
  7. Risk Aversion, Prudence and Temperance: A Unified Approach
    Working Papers, Risk and Insurance Archive
    See also Journal Article in Economics Letters (1995)
  8. Second-Best Risk Sharing With Incomplete Contracts
    Working Papers, Risk and Insurance Archive

1993

  1. Monopolistic Insurance Markets Under the Coinsurance Clause
    Working Papers, Risk and Insurance Archive
  2. Portfolio Dominance, Lower Conditional Expectation And The Monotone Likelihood Ratio Order
    Working Papers, Risk and Insurance Archive View citations (2)
  3. Risk sharing on the labour market and second-best wage rigidities
    LIDAM Reprints CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) Downloads View citations (11)
    Also in LIDAM Discussion Papers CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) (1990)

    See also Journal Article in European Economic Review (1993)
  4. Risk-Taking Behaviour With Expected Utility and Limited Liability: Applications to the Regulation of Financial Intermediaries
    Working Papers, Risk and Insurance Archive
  5. Weak Proper Risk Aversion And The Tempering Effect of Background Risk
    Working Papers, Risk and Insurance Archive View citations (5)

1992

  1. Portfolio selection by mutual insurance companies and optimal participating insurance policies
    LIDAM Reprints CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) Downloads
    See also Journal Article in Insurance: Mathematics and Economics (1992)
  2. Second-best insurance contract design in an incomplete market
    LIDAM Discussion Papers CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) Downloads
  3. Simple Increases in Risk and Their Comparative Statics for Portfolio Management
    Cahiers de recherche, Universite de Montreal, Departement de sciences economiques View citations (1)
    Also in Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ (1992) View citations (1)

1991

  1. A note on portfolio selection by insurance companies and optimal participating insurance policies
    LIDAM Discussion Papers CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)
  2. Comparative Statics Under Multiple Sources of Risk with Appllications to Insurance Demand
    Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ View citations (2)
    Also in Cahiers de recherche, Universite de Montreal, Departement de sciences economiques (1991)

    See also Journal Article in The Geneva Risk and Insurance Review (1992)

1987

  1. Intergenerational discrimination in insider-outsider models with implicit labour contracts
    LIDAM Discussion Papers CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) View citations (1)
  2. Pareto-optimal risk sharing with fixed costs per claim
    LIDAM Reprints CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) Downloads View citations (15)
    Also in LIDAM Discussion Papers CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) (1985) View citations (2)
  3. The design of optimal insurance contracts without the non-negativity constraint on claims
    LIDAM Reprints CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) Downloads View citations (2)
    Also in LIDAM Discussion Papers CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) (1985)
  4. The role of wage setting in entry-deterrence
    LIDAM Discussion Papers CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Undated

  1. Increased Risk-Bearing with Background Risk
    Working Papers, Department of Economics, W. P. Carey School of Business, Arizona State University Downloads View citations (6)
    See also Journal Article in The B.E. Journal of Theoretical Economics (2006)

Journal Articles

2022

  1. Investment Strategies and Corporate Behaviour with Socially Responsible Investors: A Theory of Active Ownership
    Economica, 2022, 89, (356), 997-1023 Downloads View citations (2)
    See also Working Paper (2021)

2021

  1. A general theory of risk apportionment
    Journal of Economic Theory, 2021, 192, (C) Downloads View citations (3)
    See also Working Paper (2019)
  2. Habit persistence reduces risk aversion
    The Geneva Papers on Risk and Insurance - Issues and Practice, 2021, 46, (2), 214-223 Downloads View citations (1)
  3. Insurance economics and COVID‐19
    Journal of Risk & Insurance, 2021, 88, (4), 825-829 Downloads
  4. Professor Sir Partha Dasgupta Awarded Kew International Medal for Contributions to Science, Conservation and the Critical Challenges Facing Humanity
    Environmental & Resource Economics, 2021, 80, (2), 197-198 Downloads
  5. The Welfare Cost of Vaccine Misallocation, Delays and Nationalism
    Journal of Benefit-Cost Analysis, 2021, 12, (2), 199-226 Downloads View citations (7)
    See also Working Paper (2021)

2020

  1. Aversion to risk of regret and preference for positively skewed risks
    Economic Theory, 2020, 70, (4), 913-941 Downloads View citations (5)
    See also Working Paper (2020)
  2. Cost–benefit analysis of age‐specific deconfinement strategies
    Journal of Public Economic Theory, 2020, 22, (6), 1746-1771 Downloads View citations (11)
    See also Working Paper (2020)
  3. If the Objective is Herd Immunity, on Whom Should it be Built?
    Environmental & Resource Economics, 2020, 76, (4), 671-683 Downloads View citations (14)
    See also Working Paper (2020)
  4. Les entreprises et la finance face à leurs responsabilités climatiques
    Revue d'économie financière, 2020, N° 138, (2), 89-104 Downloads
    See also Working Paper (2020)
  5. Pandemic economics: optimal dynamic confinement under uncertainty and learning
    The Geneva Risk and Insurance Review, 2020, 45, (2), 80-93 Downloads View citations (15)
    See also Working Paper (2020)
  6. Valorisation des investissements ultra-longs et développement durable
    L'Actualité Economique, 2020, 96, (4), 621-655 Downloads
    Also in L'Actualité Economique, 2016, 92, (4), 667-701 (2016) Downloads

2019

  1. A Personal Biography of Marty Weitzman
    Environmental & Resource Economics, 2019, 74, (3), 943-947 Downloads
  2. Introduction
    Revue d'économie financière, 2019, N° 133, (1), 9-17 Downloads
  3. Le prix du risque climatique et le prix du carbone
    Revue d'économie financière, 2019, N° 133, (1), 171-182 Downloads View citations (2)
  4. Valuation of natural capital under uncertain substitutability
    Journal of Environmental Economics and Management, 2019, 94, (C), 54-66 Downloads View citations (8)
    See also Working Paper (2018)
  5. Variance stochastic orders
    Journal of Mathematical Economics, 2019, 80, (C), 1-8 Downloads View citations (2)
    See also Working Paper (2017)

2018

  1. New methods in the classical economics of uncertainty: comparing risks
    The Geneva Papers on Risk and Insurance Theory, 2018, 43, (1), 5-23 Downloads View citations (6)
    Also in The Geneva Risk and Insurance Review, 2018, 43, (1), 5-23 (2018) Downloads View citations (6)

    See also Working Paper (1996)
  2. SYMPOSIUM ON CHOICES UNDER UNCERTAINTY: BEYOND RISK AVERSION
    Journal of Risk & Insurance, 2018, 85, (2), 309-312 Downloads
    See also Working Paper (2018)
  3. Stochastic volatility implies fourth-degree risk dominance: Applications to asset pricing
    Journal of Economic Dynamics and Control, 2018, 95, (C), 155-171 Downloads View citations (3)
  4. The climate beta
    Journal of Environmental Economics and Management, 2018, 87, (C), 258-274 Downloads View citations (28)
    See also Working Paper (2018)
  5. Toward a Systematic Approach to the Economic Effects of Risk: Characterizing Utility Functions
    Journal of Risk & Insurance, 2018, 85, (2), 397-430 Downloads View citations (1)
    See also Working Paper (2018)

2016

  1. Analysis of Systemic Risk in the Insurance Industry
    The Geneva Risk and Insurance Review, 2016, 41, (1), 73-106 Downloads View citations (6)
  2. Evaluation of long-dated assets: The role of parameter uncertainty
    Journal of Monetary Economics, 2016, 84, (C), 66-83 Downloads View citations (16)
    See also Working Paper (2015)
  3. Gamma discounters are short-termist
    Journal of Public Economics, 2016, 142, (C), 83-90 Downloads View citations (8)
    See also Working Paper (2014)

2015

  1. Cyclical and Term Structure of Value-at-Risk within a Threshold Autoregression Setup
    Bankers, Markets & Investors, 2015, (134), 18-32 Downloads View citations (1)
  2. Dans quel sens la révolution numérique affecte-t-elle l’assurabilité des risques ?
    Revue d'économie financière, 2015, n° 118, (2), 197-204 Downloads
  3. Decreasing aversion under ambiguity
    Journal of Economic Theory, 2015, 157, (C), 606-623 Downloads View citations (21)
  4. Discounting, inequality and economic convergence
    Journal of Environmental Economics and Management, 2015, 69, (C), 53-61 Downloads View citations (19)
  5. Long-term savings: the case of life insurance in France
    Financial Stability Review, 2015, (19), 129-136 Downloads View citations (4)
  6. Negotiating effective institutions against climate change
    Economics of Energy & Environmental Policy, 2015, Volume 4, (Number 2) Downloads View citations (50)
  7. Taux d’actualisation et rémunération du capital
    Revue française d'économie, 2015, Volume XXX, (4), 3-15 Downloads View citations (2)
    See also Working Paper (2015)

2014

  1. Discounting and Growth
    American Economic Review, 2014, 104, (5), 534-37 Downloads View citations (15)
  2. Editor's Choice Should Governments Use a Declining Discount Rate in Project Analysis?
    Review of Environmental Economics and Policy, 2014, 8, (2), 145-163 Downloads View citations (79)
  3. Eliciting ambiguity aversion in unknown and in compound lotteries: a smooth ambiguity model experimental study
    Theory and Decision, 2014, 77, (4), 485-530 Downloads View citations (36)
  4. Optimal insurance design of ambiguous risks
    Economic Theory, 2014, 57, (3), 555-576 Downloads View citations (29)
    See also Working Paper (2013)
  5. The Long-Run Discount Rate Controversy
    Annual Review of Resource Economics, 2014, 6, (1), 273-295 Downloads View citations (42)

2013

  1. Risk and choice: A research saga
    Journal of Risk and Uncertainty, 2013, 47, (2), 129-145 Downloads View citations (16)
    See also Working Paper (2013)
  2. The Effect of Ambiguity Aversion on Insurance and Self‐protection
    Economic Journal, 2013, 123, (12), 1188-1202 Downloads View citations (82)

2012

  1. Actualisation et développement durable: en faisons-nous assez pour les générations futures?
    Annals of Economics and Statistics, 2012, (2012.HS1), 57-96 Downloads View citations (1)
  2. Sommes-nous trop égoïstes ou trop généreux envers les générations futures ?
    Reflets et perspectives de la vie économique, 2012, LI, (4), 67-76 Downloads

2011

  1. Discount rate and sustainable development
    INRAE Sciences Sociales, 2011, 2011, 4 Downloads
  2. Discounting and risk adjusting non-marginal investment projects
    European Review of Agricultural Economics, 2011, 38, (3), 325-334 Downloads View citations (1)
  3. INFORMATION AND THE EQUITY PREMIUM
    Journal of the European Economic Association, 2011, 9, (5), 871-902 Downloads View citations (2)
    See also Working Paper (2011)
  4. On the Underestimation of the Precautionary Effect in Discounting&ast
    The Geneva Risk and Insurance Review, 2011, 36, (2), 95-111 Downloads View citations (9)
  5. Portfolio Choices and Asset Prices: The Comparative Statics of Ambiguity Aversion
    Review of Economic Studies, 2011, 78, (4), 1329-1344 Downloads View citations (128)
    See also Working Paper (2011)
  6. Taux d’actualisation et développement durable
    INRAE Sciences Sociales, 2011, 2011, 4 Downloads

2010

  1. Debating about the Discount Rate:The Basic Economic Ingredients
    Perspektiven der Wirtschaftspolitik, 2010, 11, (s1), 38-55 Downloads View citations (4)
  2. Ecological discounting
    Journal of Economic Theory, 2010, 145, (2), 812-829 Downloads View citations (73)
    See also Working Paper (2009)
  3. Expected net present value, expected net future value, and the Ramsey rule
    Journal of Environmental Economics and Management, 2010, 59, (2), 142-148 Downloads View citations (19)
    See also Working Paper (2009)
  4. How should the distant future be discounted when discount rates are uncertain?
    Economics Letters, 2010, 107, (3), 350-353 Downloads View citations (148)
    See also Working Paper (2009)
  5. Équité intergénérationnelle et investissements pour le futur
    Regards croisés sur l'économie, 2010, n° 7, (1), 218-223 Downloads

2009

  1. Should we Discount the Far-Distant Future at its Lowest Possible Rate?
    Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2009, 3, 1-14 Downloads View citations (33)
    See also Working Paper (2009)

2008

  1. Declining discount rates: Economic justifications and implications for long-run policy
    (Regime switches in interest rates)
    Economic Policy, 2008, 23, (56), 758-795 Downloads View citations (53)
    See also Working Paper (2008)
  2. Discounting with fat-tailed economic growth
    Journal of Risk and Uncertainty, 2008, 37, (2), 171-186 Downloads View citations (79)
    See also Working Paper (2008)
  3. Intergenerational risk-sharing and risk-taking of a pension fund
    Journal of Public Economics, 2008, 92, (5-6), 1463-1485 Downloads View citations (84)
    See also Working Paper (2007)
  4. Liquidité, incertitude et crise
    Revue d'Économie Financière, 2008, 7, (1), 129-133 Downloads
  5. Resource allocation when projects have ranges of increasing returns
    Journal of Risk and Uncertainty, 2008, 37, (1), 1-33 Downloads
    Also in Journal of Risk and Uncertainty, 2008, 37, (1), 93-93 (2008) Downloads

    See also Working Paper (2008)
  6. Understanding saving and portfolio choices with predictable changes in assets returns
    Journal of Mathematical Economics, 2008, 44, (5-6), 445-458 Downloads View citations (8)
    See also Working Paper (2007)

2007

  1. Comment intégrer le risque dans le calcul économique ?
    Revue d'économie politique, 2007, 117, (2), 209-223 Downloads View citations (9)
  2. La Finance Durable du Rapport Stern
    Revue d'économie politique, 2007, 117, (4), 463-473 Downloads View citations (1)
  3. Optimal Beliefs, Asset Prices, and the Preference for Skewed Returns
    American Economic Review, 2007, 97, (2), 159-165 Downloads View citations (175)
    See also Working Paper (2007)
  4. Whom should we believe? Aggregation of heterogeneous beliefs
    Journal of Risk and Uncertainty, 2007, 35, (2), 107-127 Downloads View citations (16)

2006

  1. Avant-propos: Pourquoi l'ISR a-t-il besoin de recherche universitaire ? Regards croisés
    Revue d'Économie Financière, 2006, 85, (4), 11-18 Downloads
  2. Increased Risk-Bearing with Background Risk
    The B.E. Journal of Theoretical Economics, 2006, 6, (1), 1-29 Downloads View citations (5)
    See also Working Paper

2005

  1. Aggregation of Heterogeneous Time Preferences
    Journal of Political Economy, 2005, 113, (4), 878-896 Downloads View citations (154)
  2. Choice of nuclear power investments under price uncertainty: Valuing modularity
    Energy Economics, 2005, 27, (4), 667-685 Downloads View citations (54)
    See also Working Paper (2004)
  3. Coûts de l’inassurabilité et coûts de l’assurance
    Revue d'Économie Financière, 2005, 80, (3), 39-52 Downloads
  4. Les déterminants socio-économiques des comportements face aux risques. Commentaire
    Revue économique, 2005, 56, (2), 417-421 Downloads
  5. Optimal consumption and the timing of the resolution of uncertainty
    European Economic Review, 2005, 49, (3), 761-773 Downloads View citations (29)
    See also Working Paper (2005)
  6. Quel taux d actualisation pour quel avenir ?
    Revue Française d'Économie, 2005, 19, (4), 59-81 Downloads View citations (4)
  7. The impact of prudence on optimal prevention
    Economic Theory, 2005, 26, (4), 989-994 Downloads View citations (139)
    See also Working Paper (2005)

2004

  1. Debt Contract, Strategic Default, and Optimal Penalties with Judgement Errors
    Annals of Economics and Finance, 2004, 5, (2), 357-372 Downloads View citations (10)
  2. Introduction: Risk and Uncertainty in Environmental and Resource Economics
    Journal of Risk and Uncertainty, 2004, 29, (1), 5-6 Downloads
  3. MISERY LOVES COMPANY: EQUILIBRIUM PORTFOLIOS WITH HETEROGENEOUS CONSUMPTION EXTERNALITIES
    International Economic Review, 2004, 45, (4), 1169-1192 View citations (24)
  4. Maximizing the expected net future value as an alternative strategy to gamma discounting
    Finance Research Letters, 2004, 1, (2), 85-89 Downloads View citations (61)
    See also Working Paper (2003)
  5. Optimal Dynamic Portfolio Risk with First-Order and Second-Order Predictability
    The B.E. Journal of Theoretical Economics, 2004, 4, (1), 1-35 Downloads View citations (9)
    See also Working Paper (2003)

2003

  1. Daniel Kahneman et l'analyse de la décision face au risque
    Revue d'économie politique, 2003, 113, (3), 295-307 Downloads View citations (1)
  2. Decision-Making under Scientific Uncertainty: The Economics of the Precautionary Principle
    Journal of Risk and Uncertainty, 2003, 27, (1), 77-103 Downloads View citations (67)
  3. Preserving preference rankings under background risk
    Economics Letters, 2003, 80, (3), 337-341 Downloads View citations (4)
  4. To Insure or Not to Insure?: An Insurance Puzzle
    The Geneva Risk and Insurance Review, 2003, 28, (1), 5-24 Downloads View citations (53)

2002

  1. Changes in risk and asset prices
    Journal of Monetary Economics, 2002, 49, (4), 747-760 Downloads View citations (23)
    See also Working Paper (2001)
  2. Discounting an uncertain future
    Journal of Public Economics, 2002, 85, (2), 149-166 Downloads View citations (154)
    See also Working Paper (1998)
  3. Horizon Length and Portfolio Risk
    Journal of Risk and Uncertainty, 2002, 24, (3), 195-212 Downloads View citations (39)
    See also Working Paper (1997)
  4. Quel taux d’actualisation pour le long terme ?
    Revue d'Économie Financière, 2002, 66, (2), 253-267 Downloads
  5. Time Horizon and the Discount Rate
    Journal of Economic Theory, 2002, 107, (2), 463-473 Downloads View citations (113)
  6. Time diversification, liquidity constraints, and decreasing aversion to risk on wealth
    Journal of Monetary Economics, 2002, 49, (7), 1439-1459 Downloads View citations (27)

2001

  1. Analyse quantitative de la réversibilité du stockage des déchets nucléaires: valorisation des déchets
    Économie et Prévision, 2001, 149, (3), 1-13 Downloads View citations (3)
    Also in Economie & Prévision, 2001, 149, (3), 1-13 (2001) Downloads
  2. Multiple risks and the value of information
    Economics Letters, 2001, 73, (3), 359-365 Downloads View citations (1)
  3. Should we beware of the Precautionary Principle?
    Economic Policy, 2001, 16, (33), 302-327 Downloads View citations (32)
  4. Wealth Inequality and Asset Pricing
    Review of Economic Studies, 2001, 68, (1), 181-203 Downloads View citations (52)
    See also Working Paper (1997)

2000

  1. Peer Group Formation in an Adverse Selection Model
    Economic Journal, 2000, 110, (465), 632-43 View citations (94)
  2. Scientific progress and irreversibility: an economic interpretation of the 'Precautionary Principle'
    Journal of Public Economics, 2000, 75, (2), 229-253 Downloads View citations (172)
    See also Working Paper (2000)

1998

  1. Editor's Note
    The Geneva Risk and Insurance Review, 1998, 23, (1), 5-5 Downloads

1997

  1. A Note on Portfolio Dominance
    Review of Economic Studies, 1997, 64, (1), 147-150 Downloads View citations (15)
  2. About the Insurability of Catastrophic Risks&ast
    The Geneva Papers on Risk and Insurance - Issues and Practice, 1997, 22, (2), 177-186 Downloads View citations (6)
  3. Economics of Radiation Protection: Equity Considerations
    Theory and Decision, 1997, 43, (3), 241-251 Downloads View citations (2)
  4. Investment Flexibility and the Acceptance of Risk
    Journal of Economic Theory, 1997, 76, (2), 219-241 Downloads View citations (10)
    See also Working Paper (1996)
  5. On the Inefficiency of Bang-Bang and Stop-Loss Portfolio Strategies
    Journal of Risk and Uncertainty, 1997, 14, (2), 143-54 Downloads View citations (5)
  6. The no-loss offset provision and the attitude towards risk of a risk-neutral firm
    Journal of Public Economics, 1997, 65, (2), 207-217 Downloads View citations (31)
    See also Working Paper (1996)
  7. Trade Credit and Credit Rationing
    Review of Financial Studies, 1997, 10, (4), 903-37 View citations (323)
  8. Willingness to pay, the risk premium and risk aversion
    Economics Letters, 1997, 55, (3), 355-360 Downloads View citations (15)

1996

  1. A Model of Comparative Statics for Changes in Stochastic Returns with Dependent Risky Assets
    Journal of Risk and Uncertainty, 1996, 13, (2), 147-62 View citations (6)
    See also Working Paper (1996)
  2. Arrow's Theorem on the Optimality of Deductibles: A Stochastic Dominance Approach
    Economic Theory, 1996, 7, (2), 359-63 View citations (46)
    Also in Economic Theory, 1996, 7, (2), 359-363 (1996) View citations (47)
  3. Changes in Background Risk and Risk-Taking Behavior
    Econometrica, 1996, 64, (3), 683-89 Downloads View citations (211)
    See also Working Paper (1994)
  4. Decreasing absolute prudence: Characterization and applications to second-best risk sharing
    European Economic Review, 1996, 40, (9), 1799-1815 Downloads View citations (11)
  5. Deductible insurance and production: A comment
    Insurance: Mathematics and Economics, 1996, 19, (1), 55-59 Downloads View citations (5)
  6. Portfolio choice under noisy asset returns
    Economics Letters, 1996, 53, (1), 47-51 Downloads View citations (2)
  7. Risk Vulnerability and the Tempering Effect of Background Risk
    Econometrica, 1996, 64, (5), 1109-23 Downloads View citations (377)
  8. Vers une théorie économique des limites de l'assurabilité
    Revue d'Économie Financière, 1996, 37, (2), 59-79 Downloads View citations (1)

1995

  1. Demand for Risky Assets and the Monotone Probability Ratio Order
    Journal of Risk and Uncertainty, 1995, 11, (2), 113-22 View citations (43)
  2. Insurance and Catastrophes: Comment
    The Geneva Risk and Insurance Review, 1995, 20, (2), 189-190 Downloads
  3. Introductory Note
    The Geneva Risk and Insurance Review, 1995, 20, (1), 7-8 Downloads
  4. Risk-aversion, prudence and temperance: A unified approach
    Economics Letters, 1995, 48, (3-4), 331-336 Downloads View citations (49)
    See also Working Paper (1994)
  5. The Comparative Statics of Changes in Risk Revisited
    Journal of Economic Theory, 1995, 66, (2), 522-535 Downloads View citations (81)

1994

  1. The Spillover Effect of Compulsory Insurance
    The Geneva Risk and Insurance Review, 1994, 19, (1), 23-34 Downloads View citations (3)

1993

  1. Increases in Risk and Linear Payoffs
    International Economic Review, 1993, 34, (2), 309-19 Downloads View citations (24)
  2. Relatively weak increases in risk and their comparative statics
    Economics Letters, 1993, 41, (3), 269-272 Downloads View citations (5)
  3. Risk sharing on the labour market and second-best wage rigidities
    European Economic Review, 1993, 37, (8), 1457-1482 Downloads View citations (59)
    See also Working Paper (1993)
  4. The Economics of Adding and Subdividing Independent Risks: Some Comparative Statics Results
    Journal of Risk and Uncertainty, 1993, 7, (3), 325-37 View citations (6)

1992

  1. Comparative Statics Under Multiple Sources of Risk with Applications to Insurance Demand
    The Geneva Risk and Insurance Review, 1992, 17, (1), 21-33 Downloads View citations (18)
    See also Working Paper (1991)
  2. Portfolio selection by mutual insurance companies and optimal participating insurance policies
    Insurance: Mathematics and Economics, 1992, 11, (3), 237-245 Downloads
    See also Working Paper (1992)

1991

  1. Increases in risk and deductible insurance
    Journal of Economic Theory, 1991, 55, (2), 435-440 Downloads View citations (20)
  2. Unemployment Insurance: Risk Sharing Versus Efficiency
    The Geneva Risk and Insurance Review, 1991, 16, (1), 59-74 Downloads View citations (9)
  3. Wage Differentials, the Insider-Outsider Dilemma, and Entry-Deterrence
    Oxford Economic Papers, 1991, 43, (3), 391-408 Downloads View citations (6)

Books

2012

  1. Pricing the Planet's Future: The Economics of Discounting in an Uncertain World
    Economics Books, Princeton University Press View citations (123)

2004

  1. The Economics of Risk and Time, vol 1
    MIT Press Books, The MIT Press View citations (180)

Edited books

2018

  1. The Economics of Risk and Uncertainty
    Books, Edward Elgar Publishing Downloads View citations (6)

2011

  1. Industrial Policy for National Champions, vol 1
    MIT Press Books, The MIT Press View citations (19)

Chapters

2012

  1. Preface
    A chapter in Pricing the Planet's Future: The Economics of Discounting in an Uncertain World, 2012 Downloads

Undated

  1. Arguments for and against Policies to Promote National Champions
    University of Munich, Department of Economics View citations (4)
 
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