Technical Note—Equity in Risk Bearing

John Broome

Operations Research, 1982, vol. 30, issue 2, 412-414

Abstract: Von Neuman-Morgenstern utility functions are found incompatible with valuing fairness and lead to an invalid conclusion about risk proneness.

Keywords: 851; equity; and; risk; avoidance (search for similar items in EconPapers)
Date: 1982
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