A Simple Riskiness Order Leading to the Aumann-Serrano Index of Riskiness
Abstract
We introduce a simple “riskier than†order between gambles, from which the index of riskiness developed by Aumann and Serrano (2008) is directly obtained.Similar works
This paper was published in Research Papers in Economics.
Having an issue?
Is data on this page outdated, violates copyrights or anything else? Report the problem now and we will take corresponding actions after reviewing your request.