|Title:||Precautionary Effort: A New Look||Authors:||Eeckhoudt L.
|Issue Date:||2012||Journal Volume:||79||Journal Issue:||2||Start page/Pages:||585-590||Source:||Journal of Risk and Insurance||Abstract:||
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. ? The Journal of Risk and Insurance, 2012.
|Appears in Collections:||財務金融學系|
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