Do risk lovers invest in self-protection?

被引：9
|
作者：
Jindapon, Paan [1 ]
机构：
[1] Univ Alabama, Dept Econ Finance & Legal Studies, Tuscaloosa, AL 35487 USA
来源：
ECONOMICS LETTERS | 2013年 / 121卷 / 02期
关键词：
Self-protection; Risk lovers; Prudence; Downside risk aversion; OPTIMAL PREVENTION; AVERSION; INSURANCE; PRUDENCE; IMPACT;
D O I：
10.1016/j.econlet.2013.08.031
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We show that there is a class of risk lovers who optimally choose a positive level of self-protection investment. In most cases, a risk lover increases his self-protection investment as he becomes less downside risk averse. (C) 2013 Elsevier B.V. All rights reserved.
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页码：290 / 293
页数：4
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