EconPapers    
Economics at your fingertips  
 

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) Track citations by RSS feed

Downloads: (external link)
ftp://mse.univ-paris1.fr/pub/mse/cahiers2005/B05035.pdf (application/pdf)

Related works:
Journal Article: From sure to strong diversification (2007) Downloads
Working Paper: From sure to strong diversification (2007)
Working Paper: From sure to strong diversification (2005) Downloads
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:mse:wpsorb:b05035

Access Statistics for this paper

More papers in Cahiers de la Maison des Sciences Economiques from Université Panthéon-Sorbonne (Paris 1) Contact information at EDIRC.
Bibliographic data for series maintained by Lucie Label ().

 
Page updated 2020-01-20
Handle: RePEc:mse:wpsorb:b05035