Abstract
It is shown that, not only do p-3r and r increasing, together, imply greater downside risk aversion, where r is the Arrow-Pratt measure and p the prudence measure, but that the two decreasing, together, imply, in turn, less downside risk aversion.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
