Risk aversion in the Talmud

Robert Aumann

Economic Theory, 2003, vol. 21, issue 2, 233-239

Abstract: Evidence is adduced that the sages of the ancient Babylonian Talmud, as well as some of the medieval commentators thereon, were well aware of sophisticated concepts of modern theories of risk-bearing. Copyright Springer-Verlag Berlin Heidelberg 2003

Keywords: Keywords and Phrases: Talmud; Risk aversion; Subjective value.; JEL Classification Numbers: B11; D80. (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (3)

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DOI: 10.1007/s00199-002-0304-9

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