- Abstract:
- This note determines the precise connection between an agent`s attitude towards income risks and his attitude over risks in the underlying consumption space. Our results follow a general mathematical theory connecting the curvature properties of an objective function with the ray-curvature properties of its dual.
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- Volume:
- 2003-W09
- Series:
- Nuffield College Economics Working Papers
- Publication date:
- 2003-01-01
- URN:
-
uuid:f5358452-74b0-43d9-a0d8-fe1769e410e8
- Local pid:
- oai:economics.ouls.ox.ac.uk:14838
- Language:
- English
- Copyright date:
- 2003
Working paper
Risk Aversion over Incomes and Risk Aversion over Commodities.
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