Riskiness
(A Presentation)
Sergiu Hart
June 2011
Revised: January 2012
An overview of recent approaches -- ordinal, operational, and axiomatic
-- to measuring the riskiness of gambles (risky assets).
Papers:
-
Robert Aumann and Roberto Serrano,
"An Economic Index of Riskiness",
Journal of Political Economy 116 (2008), 810-836
-
Dean Foster and Sergiu Hart,
"An Operational
Measure of Riskiness",
Journal of Political Economy 117 (2009), 785-814
-
Sergiu Hart, "Comparing Risks by
Acceptance and Rejection",
Journal of Political Economy 119 (2011), 617-638
-
Dean Foster and Sergiu Hart,
A Wealth-Requirement Axiomatization
of Riskiness (2007); Center for Rationality DP-577 (June 2011);
Theoretical Economics (forthcoming)
Some technical
information on the presentation
Last modified:
08/05/2012 09:51:43
© Sergiu Hart