The economics of risk and time

By Christian Gollier. 2001

1,452 citations recorded by the source corpus.

Subfields: Finance, Management Science and Operations Research

View Paper: https://www.semanticscholar.org/paper/846d90c19fbc6d0391484cb8fd12307cc4e8ec30

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Citations in the corpus

Take a risk: Preferring prevention over control of biological invaders (2007, background): “E C O L O G I C A L E C O N O M I C S 6 2 ( 2 0 0 7 ) 2 1 6 – 2 2 2 ava i l ab l e a t www.sc i enced i rec t . com www.e l sev i e r. com/ l oca te /eco l econ”
Portfolio Choices and Asset Prices: The Comparative Statics of Ambiguity Aversion (2011, background): “Arguments have been provided based on introspection (Drèze (1981), Kandel and Stambaugh (1991), Gollier (2001)) or on the equity premium puzzle that can be solved in the canonical model only with a degree of relative risk aversion exceeding 40.”
Scientific Ambiguity and Climate Policy (2013, background): “By definition (see e.g., Gollier 2001, p. 100), Ka(m, λ) is log-supermodular if for any m H > mL and λH > λL we have that Ka(m H , λH ) Ka(mL , λH ) ≥ Ka(m H , λL ) Ka(mL , λL) .”
Declining Discount Rates: The Long and the Short of it (2005, methodology): “Faced with uncertainty about future income levels, individuals will value additional units of consumption in the future and will save for precautionary reasons, resulting in a reduced risk free rate (Kimball l990; Gollier 2001).”
Crop genetic diversity, farm productivity and the management of environmental risk in rainfed agriculture (2006, background): “It corresponds to a moderate level of risk aversion for income (e.g. Binswanger, 1981; Szpiro, 1986; Chavas and Holt, 1996; Gollier, 2001).”
The Roles of Risk and Ambiguity in Technology Adoption (2014, background): “Introduction Empirical evidence that most individuals are risk averse (e.g. Lin et al., 1974; Binswanger, 1980; Gollier, 2001) has stimlated much research on the effects of risk and risk-aversion on technology adoption (Feder, 1980; Sunding and Zilberman, 001; Knight et al., 2003; Foster and…”
Semiparametric Estimation of First-Price Auctions with Risk Averse Bidders* (2011, neutral): “See also Bierens (1987).”
Farmer management of production risk on degraded lands: the role of wheat variety diversity in the Tigray region, Ethiopia (2007, background): “First, CRRA with rr between 1 and 4 represents typical forms of risk behaviour (e.g., Binswanger 1981; Gollier 2001).”