Risk aversion and expected-utility theory: A calibration theorem

Matihew Rabin

Chapter 13 in Handbook of the Fundamentals of Financial Decision Making:In 2 Parts, 2013, pp 241-252 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:INTRODUCTIONSOME CALIBRATIONS BASED ON A THEOREMDISCUSSION AND CONCLUSIONAPPENDIX: THE THEOREM AND A COROLLARYREFERENCES

Keywords: Financial Decision Making; Asset Pricing; Prospect Theory; Utility Theory; Risk Aversion; Static Portfolio Theory; Stochastic Dominance; Dynamic Modeling; Dynamic Portfolio Theory; Tactical Asset Allocation; Kelly Strategy; Capital Growth (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (7)

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