| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5060966 | Economics Letters | 2010 | 4 Pages |
Abstract
Prudence probability premium is defined in the risk apportionment model (Eeckhoudt and Schlesinger, 2006). For an increase in downside risk, we show sufficient conditions for comparing the probability premiums between two individuals when the apportioned risk is small and large.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Paan Jindapon,