Supermodularity and the comparative statics of risk

John Quiggin and Robert Chambers ()

No WPR04_5, Risk & Uncertainty Working Papers from Risk and Sustainable Management Group, University of Queensland

Abstract: In this paper, it is shown that a wide range of comparative statics results from expected utility theory can be extended to generalized expected utility models using the tools of supermodularity theory.

Keywords: isk aversion; Schur concavity; supermodularity (search for similar items in EconPapers)
JEL-codes: D81 (search for similar items in EconPapers)
Date: 2004-06
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http://www.uq.edu.au/rsmg/WP/WPR04_5.pdf (application/pdf)

Related works:
Journal Article: Supermodularity and the Comparative Statics of Risk (2007)
Working Paper: Supermodularity and the comparative statics of risk (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:rsm:riskun:r04_5

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