bn:01017064n
Noun Concept
Categories: Financial risk modeling, Actuarial science, Behavioral finance, Utility
EN
risk aversion  absolute risk aversion  Arrow-Pratt measure  CARA utility  Co-efficient of absolute risk aversion
EN
In economics and finance, risk aversion is the tendency of people to prefer outcomes with low uncertainty to those outcomes with high uncertainty, even if the average outcome of the latter is equal to or higher in monetary value than the more certain outcome. Wikipedia
English:
economics
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EN
In economics and finance, risk aversion is the tendency of people to prefer outcomes with low uncertainty to those outcomes with high uncertainty, even if the average outcome of the latter is equal to or higher in monetary value than the more certain outcome. Wikipedia
Preference against risk, a common human behavior of attempting to lower uncertainty and avoid risk Wikidata
Tendency of a decision-maker to prefer a certain payoff to one of greater expected value but more uncertainty. Wiktionary