Research output: Working paper
Research output: Working paper
}
TY - UNPB
T1 - The relationship between relative prudence and relative risk aversion
AU - Huang, James
AU - Zhang, Zhengjun
PY - 2012
Y1 - 2012
N2 - In this paper we investigate the relationship between relative prudence and relative risk aversion. The results help us understand better various conditions concerning the two preference measures. They may also cast light on how investors' investment decisions in the money market and equity market are related.
AB - In this paper we investigate the relationship between relative prudence and relative risk aversion. The results help us understand better various conditions concerning the two preference measures. They may also cast light on how investors' investment decisions in the money market and equity market are related.
KW - relative risk aversion
KW - relative prudence
M3 - Working paper
BT - The relationship between relative prudence and relative risk aversion
PB - Lancaster University
CY - Lancaster
ER -