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Title of Journal: Theor Decis

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Abbravation: Theory and Decision

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Kluwer Academic Publishers-Plenum Publishers

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10.1007/s11044-015-9484-5

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1573-7187

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Supermodularity and the Comparative Statics of Ris

Authors: John Quiggin Robert G Chambers
Publish Date: 2006/12/05
Volume: 62, Issue: 2, Pages: 97-117
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Abstract

In this article it is shown that a wide range of comparative statics results from expected utility theory can be extended to generalized expected utility models using the tools of supermodularity theory In particular a range of concepts of decreasing absolute risk aversion may be formulated in terms of the supermodularity properties of certainty equivalent representations of preferences

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Other Papers In This Journal:
  1. Social choice, the strong Pareto principle, and conditional decisiveness
  2. A simple framework for the axiomatization of exponential and quasi-hyperbolic discounting
  3. Does trust matter for R&D cooperation? A game theoretic examination
  4. Choosing a gambling partner: testing a model of mutual insurance in the lab
  5. My experimental meanderings
  6. Temptation, horizontal differentiation and monopoly pricing
  7. Modus Ponens and Modus Tollens for Conditional Probabilities, and Updating on Uncertain Evidence
  8. Changes in multiplicative background risk and risk-taking behavior
  9. A note on “Re-examining the law of iterated expectations for Choquet decision makers”
  10. An experiment on case-based decision making
  11. What independent random utility representations are equivalent to the IIA assumption?
  12. Using turn taking to achieve intertemporal cooperation and symmetry in infinitely repeated 2 × 2 games
  13. Policy Stable States in the Graph Model for Conflict Resolution
  14. Statistical decisions under ambiguity
  15. Choice under complete uncertainty when outcome spaces are state dependent
  16. A note on a recent paper by Dagsvik on IIA and random utilities
  17. A note on a recent paper by Dagsvik on IIA and random utilities
  18. Does consultation improve decision-making?
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