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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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