TARGET MOTAD FOR RISK LOVERS: AN ALTERNATIVE VERSION

Richard K. Rudel and Francis P. McCamley

No 36328, 2000 Annual Meeting, June 29-July 1, 2000, Vancouver, British Columbia from Western Agricultural Economics Association

Abstract: An earlier paper presented a direct expected utility maximization version of Target MOTAD for risk lovers. This paper presents an indirect expected utility maximization version which is more like Tauer's Target MOTAD model. This alternative version is illustrated by applying it to the same problem which Tauer considered.

Keywords: Risk; and; Uncertainty (search for similar items in EconPapers)
Pages: 16
Date: 2000
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/36328/files/sp00ru01.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:waeava:36328

DOI: 10.22004/ag.econ.36328

Access Statistics for this paper

More papers in 2000 Annual Meeting, June 29-July 1, 2000, Vancouver, British Columbia from Western Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().