5 Increasing Risk with State-Dependent Preferences: Measurement and Economic Consequences

Chapters in this book

1. Frontmatter i
2. Preface vii
3. Contents ix
4. Introduction 1
5. 1 A Theory of Choice under Uncertainty with State-Dependent Preferences 4
6. 2 The Measurement of Risk Aversion 27
7. 3 Risk Aversion with State-Dependent Preferences: Some Economic Applications 45
8. 4 Risk Aversion and the Demand for Life Insurance 61
9. 5 Increasing Risk with State-Dependent Preferences: Measurement and Economic Consequences 95
10. 6 Multivariate Risk Aversion and Risk Aversion with State-Dependent Preferences 121
11. References 141
12. Index 145