Browsing The Economic and Social Review, Vol. 39, No. 1, Spring, 2008 by Subject "Risk aversion"

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    • Generalised means of simple utility functions with risk aversion 

      Conniffe, Denis (Economic & Social StudiesDublin, 2008)
      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 ...