Fiche du document
- handle: 10670/1.9yr9mv
- hal: hal-01533522
- doi: 10.1016/j.jebo.2016.01.009
Ce document est lié à :
info:eu-repo/semantics/altIdentifier/doi/10.1016/j.jebo.2016.01.009
Citer ce document
David Crainich et al., « Changing risks and optimal effort », HAL-SHS : économie et finance, ID : 10.1016/j.jebo.2016.01.009
Métriques
Partage / Export
Résumé
Consider a decision maker who can engage in effort to increase the probability of facing a better risky situation. Intuition suggests that effort should increase when there is a greater difference between the best risky situation and the worse one. We show that this intuition is not necessarily valid and we consider the cases of risk averters and risk lovers.