| dc.contributor.author | Schroyen, Fred | |
| dc.contributor.author | Etner, Johanna | |
| dc.contributor.author | Eeckhoudt, Louis | |
| dc.date.accessioned | 2008-01-21T09:37:56Z | |
| dc.date.available | 2008-01-21T09:37:56Z | |
| dc.date.issued | 2007-10 | |
| dc.identifier.issn | 0804-6824 | |
| dc.identifier.uri | http://hdl.handle.net/11250/163084 | |
| dc.description.abstract | In this paper we propose benchmark values for the coefficients
of relative risk aversion and relative prudence on the basis of a binary choice
model where the decision maker chooses between aggregating or disaggragating
multiplicative risks. We relate our results to the decison maker’s willingness to
trade-off the second with the first and the third (central) moment of his wealth distribution. | en |
| dc.language.iso | eng | en |
| dc.publisher | Norwegian School of Economics and Business Administration. Department of Economics | en |
| dc.relation.ispartofseries | Discussion paper | en |
| dc.relation.ispartofseries | 2007:26 | en |
| dc.title | A benchmark value for relative prudence | en |
| dc.type | Working paper | en |
| dc.subject.nsi | VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212 | en |
