Time Horizon Length and Risk Aversion

Christian Gollier () and Richard Zeckhauser

Working Papers from Toulouse - GREMAQ

Abstract: In this paper, we compare the attitude towards current risk of two expected-utility-maximizing investors that are identical except that the first investor will live longer than the second one.

Keywords: ECONOMETRICS; RISK; RISK AVERSION; INVESTMENTS (search for similar items in EconPapers)
JEL-codes: C10 C19 D80 D81 (search for similar items in EconPapers)
Pages: 28 pages
Date: 1996
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:fth:gremaq:96.410

Access Statistics for this paper

More papers in Working Papers from Toulouse - GREMAQ GREMAQ, Universite de Toulouse I Place Anatole France 31042 - Toulouse CEDEX France.. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().