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
收藏
页码：262 / 264
页数：3
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