• Hélène Dufour

New Stochastic Orders and Monotone Comparative Statics of Changes in Risk under Risk Aversion

"We... apply two stochastic orders to some classic decision problems in economics and finance including a portfolio problem, two insurance problems, and four management decision problems and present a simple sufficient condition for monotone comparative statics of changes in risk under risk aversion."


0 vue0 commentaire

Posts récents

Voir tout

" The global climate crisis and the economy’s green transition are giving rise to new types of risks for banks. This paper analyses some of the key international bank regulatory standards, namely disc