| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5059121 | Economics Letters | 2013 | 4 Pages |
Abstract
â¢Some risk lovers choose a positive level of self-protection investment.â¢Risk aversion and downside risk aversion both affect optimal self-protection.â¢Comparative statics results are provided.
We show that there is a class of risk lovers who optimally choose a positive level of self-protection investment. In most cases, a risk lover increases his self-protection investment as he becomes less downside risk averse.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Paan Jindapon,