Greater Risk, Greater Benefit—True or False?
نویسندگان
چکیده
منابع مشابه
Similarities between Greater Risk Aversion and Greater Downside Risk Aversion
This paper characterizes downside risk aversion in a simple and intuitive manner. The characterization highlights certain features of downside risk aversion that are common with traditional risk aversion in regards the comparative statics of risk-free wealth. Also, using this characterization one can simplify considerably a theorem by Jindapon (2010) relating to greater downside risk aversion a...
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In this paper, we advance a definition of greater downside risk aversion that applies to both large and small changes in risk preference, and thereby complements the results for small changes reported previously. We show that a downside riskaverse transformation of a utility function results in a function that is more downside risk averse in the same manner that a risk-averse transformation inc...
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LTP (“depotentiation”) is a separate entity. NSF–GluR2and Shadlen (1999) record from two prefrontal areas and find that neurons in only one of them fire more when mediated AMPA receptor trafficking, however, plays an the monkey expects three squirts of water to drink than important role in maintaining synaptic strength and is a when it expects one. potential target for LTD-inducing stimuli. The...
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ژورنال
عنوان ژورنال: The Journal of Clinical Endocrinology & Metabolism
سال: 2003
ISSN: 0021-972X,1945-7197
DOI: 10.1210/jc.2002-021880