Background risk and self-protection

被引：7

作者：

Lee, Kangoh ^{[1
]}

机构：

[1] San Diego State Univ, Dept Econ, San Diego, CA 92182 USA

来源：

ECONOMICS LETTERS | 2012年 / 114卷 / 03期

关键词：

Self-protection; Background risk; Prudence; OPTIMAL INSURANCE; AVERSION; WEALTH;

D O I：

10.1016/j.econlet.2011.10.018

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The presence of background risk increases self-protection effort or caution as long as an agent is prudent. In addition, the result extends to monetary self-protection investment if wealth and consumption are complements. (C) 2011 Elsevier B.V. All rights reserved.

引用

页码：262 / 264

页数：3

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