On temperance and risks spreading - HAL-SHS - Sciences de l'Homme et de la Société
Pré-Publication, Document De Travail Année : 2018

On temperance and risks spreading

Résumé

This paper investigates the conditions for which spreading N independent and unfair risks provides the highest level of welfare than any other possible allocations of risks. It shows that such preferences do not require a higher order property than temperance. Results are also interpreted in terms of the property of superadditivity of the utility premium.
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Dates et versions

halshs-01935866 , version 1 (27-11-2018)
halshs-01935866 , version 2 (24-01-2019)

Identifiants

  • HAL Id : halshs-01935866 , version 1

Citer

Christophe Courbage, Béatrice Rey. On temperance and risks spreading. 2018. ⟨halshs-01935866v1⟩
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