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Proportional Risk Aversion and Saving Decisions under Uncertainty
15 references·1 citing·28 second hop
Proportional Risk Aversion and Saving Decisions under Uncertainty (1991)Proportional Risk Aversion and Saving Dec…Precautionary Saving in the Small and in the Large (1989)Precautionary Saving in the S…Proportional risk aversion, taxation and labor supply under uncertainty (1987)Proportional risk aversion, t…Temporal risk and the nature of induced preferences (1984)Temporal risk and the nature …Risk Aversion in the Small and in the Large (1976)Risk Aversion in the Small an…Increases in risk and in risk aversion (1974)Increases in risk and in risk…Essays in the Theory of Risk-Bearing. (1972)Essays in the Theory of Risk-…Consumption decisions under uncertainty (1972)Consumption decisions under u…Increasing risk II: Its economic consequences (1971)Increasing risk II: Its econo…The Effect of Uncertainty on Saving Decisions (1970)The Effect of Uncertainty on …On the Theory of Risk Aversion (1970)On the Theory of Risk AversionAnother Type of Risk Aversion (1970)Another Type of Risk AversionThe Economics of Uncertainty. (1969)The Economics of Uncertainty.The economics of uncertainty (1968)The economics of uncertaintySaving and Uncertainty: The Precautionary Demand for Saving (1968)Saving and Uncertainty: The P…Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…Increase in risk and saving behavior (2004)Increase in risk and saving b…Theory of Value (1959)THE EQUITY PREMIUM PUZZLE AND THE RISK-FREE RATE PUZZLE (1988)The Equity Premium Puzzle and the Riskfree Rate Puzzle (1989)DO NATURAL DISASTERS PROMOTE LONG‐RUN GROWTH? (2002)Theory of games and economic behavior (2019)The design of tax structure: Direct versus indirect taxation (1976)Credit Rationing in Markets with Imperfect Information (1981)Theory of Financial Decision Making. (1988)Macroeconomic determinants of growth: Cross-country evidence (1985)An empirical analysis of cross-national economic growth, 1951–1980 (1989)The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence (1992)Optimal rules for ordering uncertain prospects (1975)Net Health Benefits (1998)Stochastic Volatility for Lévy Processes (2003)Moral Hazard and Observability (1979)Prospect theory: An analysis of decision under risk (1988)The New Institutional Economics: Taking Stock, Looking Ahead (2000)Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information (1976)Facts and Fears: Understanding Perceived Risk (1980)An Analysis of the Principal-Agent Problem (1992)Financial Intermediation and Delegated Monitoring (1984)Well-being : the foundations of hedonic psychology (1999)Uninsured Idiosyncratic Risk and Aggregate Saving (1994)The analysis of household surveys (1997)Conditional Skewness in Asset Pricing Tests (2000)On the measurement of inequality (1970)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The arbitrage theory of capital asset pricing (1976)
this work references cited by second hop

References

  • 1964Risk Aversion in the Small and in the Large4,964 cited
  • 1976Risk Aversion in the Small and in the Large4,655 cited
  • 1972Essays in the Theory of Risk-Bearing.3,991 cited
  • 1989Precautionary Saving in the Small and in the Large1,498 cited
  • 1968Saving and Uncertainty: The Precautionary Demand for Saving1,376 cited
  • 1971Increasing risk II: Its economic consequences1,082 cited
  • 1970The Effect of Uncertainty on Saving Decisions923 cited
  • 1972Consumption decisions under uncertainty583 cited
  • 1974Increases in risk and in risk aversion556 cited
  • 1968The economics of uncertainty297 cited
  • 1970On the Theory of Risk Aversion184 cited
  • 1984Temporal risk and the nature of induced preferences152 cited
  • 1970Another Type of Risk Aversion86 cited
  • 1969The Economics of Uncertainty.43 cited
  • 1987Proportional risk aversion, taxation and labor supply under uncertainty12 cited

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  • 2004Increase in risk and saving behavior1 cited

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