The impact of prudence on optimal prevention

By Louis Eeckhoudt, Christian Gollier. 2005

226 citations recorded by the source corpus.

Subfields: Economics and Econometrics, General Decision Sciences, Safety Research

View Paper: https://www.semanticscholar.org/paper/10622341917e97863696a3bbdff74a0857e3cffe

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Arthur Snow

In General Decision Sciences

1. Arthur Snow

In Safety Research

1. Arthur Snow

Citations in the corpus

• Joint measurement of risk aversion, prudence, and temperance (2014, unknown): “Eeckhoudt and Gollier (2005) analyze the impact of prudence on prevention, i.e., the action undertaken to reduce the probability of an adverse effect to occur.”
• The Effect of Ambiguity Aversion on Insurance and Self‐Protection (2013, unknown): “To sign this effet, it is necessary to specify the value of the probability of loss and to make further assumptions on the utility function (Dachraoui et al., 2004; Eeckhoudt and Gollier, 2005).”
• Ambiguity aversion and the propensities for self-insurance and self-protection (2011, background): “This type of behavior has since been confirmed in a variety of experimental settings as reported, for example, by Einhorn and Hogarth (1986), Sarin and Weber (1993), and Chow and Sarin (2001), and in surveys of business owners and managers reported by Viscusi and Chesson (1999) and Chesson and Viscu”