arXiv Open Access 2025

Comparative risk attitude and the aggregation of single-crossing

Gregorio Curello Ludvig Sinander Mark Whitmeyer
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Abstrak

In choice under risk, there is a standard notion of 'less risk-averse than', due to Yaari (1969). In the theory of comparative statics, the single-crossing property is satisfied by all weighted averages of a family of single-crossing functions if and only if the family satisfies a property called signed-ratio monotonicity (Quah & Strulovici, 2012). We establish a close link between 'less risk-averse than' and signed-ratio monotonicity.

Topik & Kata Kunci

Penulis (3)

G

Gregorio Curello

L

Ludvig Sinander

M

Mark Whitmeyer

Format Sitasi

Curello, G., Sinander, L., Whitmeyer, M. (2025). Comparative risk attitude and the aggregation of single-crossing. https://arxiv.org/abs/2512.06005

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2025
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en
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arXiv
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Open Access ✓