https://scholars.lib.ntu.edu.tw/handle/123456789/414434
Title: | Precautionary Effort: A New Look | Authors: | Eeckhoudt L. Huang R.J. Tzeng L.Y. |
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. |
URI: | https://scholars.lib.ntu.edu.tw/handle/123456789/414434 | ISSN: | 00224367 | DOI: | 10.1111/j.1539-6975.2011.01441.x |
Appears in Collections: | 財務金融學系 |
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