Background Risk, Prudence, and the Demand for Insurance
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Publisher
Springer Netherlands
Link
http://link.springer.com/content/pdf/10.1007/978-94-017-1168-5_8
Reference16 articles.
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5. Kihlstrom, R., D. Romer, and S. Williams. (1981). “Risk aversion with random initial wealth,” Econometrica 49, 911–920.
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