Keywords
decreasing concavity; portfolio choice; smooth ambiguity aversion; maxmin;
Replaces
Frédéric Cherbonnier, and Christian Gollier, Decreasing Aversion under Ambiguity, June 2011, revised January 2015.
Reference
Frédéric Cherbonnier, and Christian Gollier, “Decreasing Aversion under Ambiguity”, Journal of Economic Theory, vol. 157, 2015, pp. 606–623.
See also
Published in
Journal of Economic Theory, vol. 157, 2015, pp. 606–623