Precautionary Effort: A New Look

Louis Eeckhoudt, Rachel J. Huang, Larry Y. Tzeng

研究成果: 雜誌貢獻期刊論文同行評審

45 引文 斯高帕斯(Scopus)

摘要

While the concept of precautionary saving is well documented, that of precautionary effort has received relatively limited attention. In this note, we set up a two period model in order to analyze the conditions under which the introduction (or deterioration) of an independent background risk increases effort.

原文???core.languages.en_GB???
頁(從 - 到)585-590
頁數6
期刊Journal of Risk and Insurance
79
發行號2
DOIs
出版狀態已出版 - 6月 2012

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