| dc.contributor.author | Conniffe, Denis | |
| dc.date.accessioned | 2011-12-21T10:22:48Z | |
| dc.date.available | 2011-12-21T10:22:48Z | |
| dc.date.issued | 2008 | |
| dc.identifier.citation | Conniffe, Denis. 'Generalised means of simple utility functions with risk aversion'. - Economic & Social Review, Vol. 39, No. 1, Spring, 2008, pp. 1?12, Dublin: Economic & Social Research Institute | |
| dc.identifier.issn | 0012-9984 | |
| dc.identifier.other | JEL C01 | |
| dc.identifier.other | JEL E27 | |
| dc.description | Paper delivered at the Twenty-First Annual Conference of the Irish Economic Association,
Bunclody, Co. Wexford, April 25?27, 2007 | |
| dc.description.abstract | The paper examines the properties of a generalised mean of simple utilities each
displaying risk aversion, that is, with first derivative positive and second derivative negative. It shows the mean is itself a valid utility function and argues that simple component utilities, each of which may have quite restricted risk aversion properties, can be parsimoniously combined through the generalised mean formula to give a much more versatile utility function. | en |
| dc.language.iso | en | |
| dc.publisher | Economic & Social Studies | |
| dc.relation.ispartof | Vol.XX, No. XX, Issue, Year | |
| dc.source | Economic & Social Review | en |
| dc.subject | Risk aversion | en |
| dc.subject | Utility function | en |
| dc.subject | Quantitative economics | en |
| dc.title | Generalised means of simple utility functions with risk aversion | |
| dc.type | Conference Paper | |
| dc.type | Journal Article | |
| dc.publisher.place | Dublin | en |
| dc.identifier.uri | http://hdl.handle.net/2262/61372 | |
