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 |
卷 | 79 |
發行號 | 2 |
DOIs | |
出版狀態 | 已出版 - 6月 2012 |