From sure to strong diversification

Alain Chateauneuf and Ghizlane Lakhnati (lakhnati@univ-paris1.fr)

Post-Print from HAL

Abstract: This paper presents a characterization of weak risk aversion in terms of preference for sure diversification. Similarly, we show that strong risk aversion can be characterized by weakening preference for diversification,as introduced by Dekel (Econometrica 57:163,1989), in what we call preference for strong diversification.

Keywords: Weak risk aversion; Strong risk aversion; Diversification (search for similar items in EconPapers)
Date: 2007-09
References: Add references at CitEc
Citations: View citations in EconPapers (18)

Published in Economic Theory, 2007, 32 (3), pp.511-522. ⟨10.1007/s00199-006-0126-2⟩

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

Related works:
Journal Article: From sure to strong diversification (2007)
Working Paper: From sure to strong diversification (2007)
Working Paper: From sure to strong diversification (2005)
Working Paper: From sure to strong diversification (2005)
Working Paper: From sure to strong diversification (2005)
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:hal:journl:hal-00271265

DOI: 10.1007/s00199-006-0126-2

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD (hal@ccsd.cnrs.fr).