1 citations · 1 across the 2 of their papers we have counts for
4 papers
Probability Premium and Attitude Towards Probability
Louis R. Eeckhoudt, Roger J. A. Laeven
Employing a generalized definition of Pratt (1964) and Arrow's (1965, 1971) probability premium, we introduce a new concept of attitude towards probability. We illustrate in a prob…
Risk Apportionment: The Dual Story
Louis R. Eeckhoudt, Roger J. A. Laeven, Harris Schlesinger
By specifying model free preferences towards simple nested classes of lottery pairs, we develop the dual story to stand on equal footing with that of (primal) risk apportionment. T…
Dual Moments and Risk Attitudes
Louis R. Eeckhoudt, Roger J. A. Laeven
In decision under risk, the primal moments of mean and variance play a central role to define the local index of absolute risk aversion. In this paper, we show that in canonical no…
Risk Aversion in the Small and in the Large under Rank-Dependent Utility
Louis R. Eeckhoudt, Roger J. A. Laeven
Under expected utility the local index of absolute risk aversion has played a central role in many applications. Besides, its link with the "global" concepts of the risk and probab…