Can risk aversion survive the long run?
Can it be rational to be risk-averse? It seems plausible that the answer is yes—that normative decision theory should accommodate risk aversion. But there is a seemingly compelling class of arguments against our most promising methods of doing so. These long-run arguments point out that, in practice...
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| Format: | Journal article |
| Language: | English |
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Oxford University Press
2022
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