Artikel
A wealth-requirement axiomatization of riskiness
We provide an axiomatic characterization of the measure of riskiness of gambles (risky assets) introduced by Foster and Hart (2009). The axioms are based on the concept of "wealth requirement."
- Language
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Englisch
- Bibliographic citation
-
Journal: Theoretical Economics ; ISSN: 1555-7561 ; Volume: 8 ; Year: 2013 ; Issue: 2 ; Pages: 591-620 ; New Haven, CT: The Econometric Society
- Classification
-
Wirtschaft
Criteria for Decision-Making under Risk and Uncertainty
Financial Economics: General
Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- Subject
-
Riskiness
gamble
risky asset
reserve
wealth
- Event
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Geistige Schöpfung
- (who)
-
Hart, Sergiu
Foster, Dean P.
- Event
-
Veröffentlichung
- (who)
-
The Econometric Society
- (where)
-
New Haven, CT
- (when)
-
2013
- DOI
-
doi:10.3982/TE1150
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Hart, Sergiu
- Foster, Dean P.
- The Econometric Society
Time of origin
- 2013
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