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State-Dependent Utility and Risk Aversion
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State-Dependent Utility and Risk Aversion (1986)State-Dependent Utility and Risk AversionMultivariate decision-making (1984)Multivariate decision-makingRisk Aversion for State-Dependent Utility Functions: Measurement and Applications (1983)Risk Aversion for State-Depen…On State Dependent Preferences and Subjective Probabilities (1983)On State Dependent Preference…The Value of Life: An Economic Analysis. (1978)The Value of Life: An Economi…The Demand for Insurance and Protection: The Case of Irreplaceable Commodities (1977)The Demand for Insurance and …Risk Aversion in the Small and in the Large (1976)Risk Aversion in the Small an…Risk aversion with many commodities (1974)Risk aversion with many commo…Optimal insurance and generalized deductibles (1974)Optimal insurance and general…Axiomatic Theories of Choice, Cardinal Utility and Subjective Probability: a review (1974)Axiomatic Theories of Choice,…Allocation under Uncertainty: Equilibrium and Optimality (1974)Allocation under Uncertainty:…Essays in the Theory of Risk-Bearing. (1972)Essays in the Theory of Risk-…Choice Involving Unwanted Risky Events and Optimal Insurance (1972)Choice Involving Unwanted Ris…Investment Decision Under Uncertainty: Choice-Theoretic Approaches (1965)Investment Decision Under Unc…Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…Investment Decisions under Uncertainty. (1964)Investment Decisions under Un…Flight Insurance and the Theory of Choice (1961)Flight Insurance and the Theo…Applied Statistical Decision Theory (1962)Markov Perfect Equilibrium (2001)Expected Utility with Uncertain Probabilities Theory (2012)A theoretical foundation of ambiguity measurement (2020)Foundations of Economic Analysis. (1948)The Demand for Life Insurance in Mexico and the United States: A Comparative Study (1990)Estimation of State-Dependent Utility Functions Using Survey Data (1991)The Private Market for Long‐Term Care Insurance in the United States: A Review of the Evidence (2009)When Do the "Dollars" Make Sense? (1996)Willingness to Pay for Health Protection: Inadequate Sensitivity to Probability? (1999)The value of statistical life in road safety: a meta-analysis (2003)Optimal Insurance Policy Indemnity Schedules (1983)WILLINGNESS‐TO‐PAY FOR CRIME CONTROL PROGRAMS* (2004)Assessing Risky Social Situations (2010)Optimal consumption–portfolio choices and retirement planning (2003)The Bond Premium in a DSGE Model with Long-Run Real and Nominal Risks (2012)Principles of Financial Economics (2014)The Value of Changes in the Probability of Death or Injury (1974)Multiperiod Consumption-Investment Decisions (1975)Chapter 17 Contingent Valuation (2005)Moral Hazard and Observability (1979)Prospect theory: An analysis of decision under risk (1988)The New Institutional Economics: Taking Stock, Looking Ahead (2000)Financial decisions in the household (2008)Multivariate stochastic dominance for risk averters and risk seekers (2016)Asset pricing with beliefs-dependent risk aversion and learning (2018)Financial Intermediation and Delegated Monitoring (1984)Well-being : the foundations of hedonic psychology (1999)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)
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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
  • 1977The Demand for Insurance and Protection: The Case of Irreplaceable Commodities402 cited
  • 1974Risk aversion with many commodities394 cited
  • 1974Optimal insurance and generalized deductibles377 cited
  • 1978The Value of Life: An Economic Analysis.369 cited
  • 1965Investment Decision Under Uncertainty: Choice-Theoretic Approaches357 cited
  • 1983On State Dependent Preferences and Subjective Probabilities153 cited
  • 1961Flight Insurance and the Theory of Choice153 cited
  • 1974Allocation under Uncertainty: Equilibrium and Optimality105 cited
  • 1983Risk Aversion for State-Dependent Utility Functions: Measurement and Applications84 cited
  • 1964Investment Decisions under Uncertainty.46 cited
  • 1974Axiomatic Theories of Choice, Cardinal Utility and Subjective Probability: a review38 cited
  • 1972Choice Involving Unwanted Risky Events and Optimal Insurance18 cited
  • 1984Multivariate decision-making

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