Now showing items 1-1 of 1

    • Liu, Liqun; Neilson, William S. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2015-04-23)
      In the framework of expected utility, nth-degree risk aversion/loving is unequivocally characterized by the sign of the nth-order derivative of the utility function, but there exist different notions of one decision maker ...