- Tytuł:
-
Efekt wzrostu awersji do ryzyka na popyt na samoubezpieczenie w modelu dynamicznym
EFFECT OF INCREASE IN RISK AVERSION ON SELF-INSURANCE IN DYNAMIC MODEL - Autorzy:
- Piotr, Dudzinski
- Powiązania:
- https://bibliotekanauki.pl/articles/418966.pdf
- Data publikacji:
- 2012
- Wydawca:
- Uniwersytet Gdański. Wydział Ekonomiczny
- Tematy:
-
DYNAMIC MODEL
RISK AVERSION
SELF-INSURANCE - Opis:
- This work shows that in a two-period framework increase in risk-aversion is not a sufficient condition to invest more in self-insurance, as it is in one-period setting (Dionne and Eeckhoudt). We prove that other factors important for decision-making exist. Relationship between size of loss and future and present income is crucial in this problem. We consider two cases – when an effort to prevent risk precedes its effect and when it is simultaneous. We show that those cases are mathematically and economically different.
- Źródło:
-
Współczesna Gospodarka; 2012, 3, 2; 35-47
2082-677X - Pojawia się w:
- Współczesna Gospodarka
- Dostawca treści:
- Biblioteka Nauki
Artykuł