On the relationship between absolute prudence and absolute risk aversion

For a utility function $u\left( x\right) $ , the functions $a\left( x\right) =-u^{\prime\prime}\left( x\right) /u^{\prime}\left( x\right) $ and $p\left( x\right) =-u^{\prime\prime\prime}\left( x\right) /u^{\prime\prime}\left( x\right) $ are the Arrow-Pratt coefficient of absolute risk aversion (ara)...

Full description

Saved in:
Bibliographic details
Volume: 29
Main Author: Maggi, Mario A
Magnani, Umberto
Menegatti, Mario
Format: Journal Article
Language: English
Place of publication: Berlin/Heidelberg Springer-Verlag 01.11.2006
published in: Decisions in economics and finance Vol. 29; no. 2; pp. 155 - 160
Data of publication: 20061100
ISSN: 1593-8883
EISSN: 1129-6569
Discipline: Economics
Social Sciences (General)
Series: Decisions in Economics and Finance
Online Access: Fulltext
Database: RePEc IDEAS
Database information Databases - DBIS