A Simple Riskiness Order Leading to the Aumann-Serrano Index of Riskiness
Sergiu Hart
Discussion Paper Series from The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem
Abstract:
We introduce a simple riskier than order between gambles, from which the index of riskiness developed by Aumann and Serrano (2008) is directly obtained.
Date: 2009-08
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