A note on comparative downside risk aversion

M. SCARSINI, S. Modica

Journal of Economic Theory

2005, vol. 122, n°2, pp.267-271

Départements : Economie et Sciences de la décision

We provide comparative global conditions for downside risk aversion, which are similar to the ones studied by Ross for risk aversion. We define a coefficient of downside risk aversion, and study its local properties