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Preference Among Risky Prospects Under Constant Risk Aversion

Published online by Cambridge University Press:  28 April 2015

Bruce A. McCarl
Affiliation:
Agricultural Economics at Texas A&M University
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Abstract

Risk analyses often require a measure of individual risk aversion. Here a procedure is presented to calculate risk aversion parameter ranges wherein individuals would exhibit preference among a set of risky prospects.

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Submitted Articles
Copyright
Copyright © Southern Agricultural Economics Association 1988

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References

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