From sure to strong diversification

Alain Chateauneuf and Ghizlane Lakhnati

Cahiers de la Maison des Sciences Economiques from Université Panthéon-Sorbonne (Paris 1)

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 [11], in what we name preference for strong diversification

Keywords: Weak risk aversion; strong risk aversion; diversification (search for similar items in EconPapers)
JEL-codes: D80 D81 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2005-04
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in Economic Theory, 2007, 32 (3), pp.511-522

Downloads: (external link)
https://halshs.archives-ouvertes.fr/halshs-00194670 (application/pdf)
https://doi.org/10.1007/s00199-006-0126-2

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 (2007)
Working Paper: From sure to strong diversification (2005)
Working Paper: From sure to strong diversification (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:mse:wpsorb:b05035

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