Concepedia

Safety-first Preferences

Safety-First Preferences is a risk preference model in decision theory that prioritizes the minimization of the probability of falling below a critical threshold of outcome, distinguishing it from other models by emphasizing absolute security over expected utility or variance-based risk measures.

21

Publications

3.7K

Citations

44

Authors

18

Institutions

Publications per year

2017–2026

6

Variants

Roy's Safety-first CriterionSafety-first Criterion

Parents

Publications

21

Safety First and the Holding of Assets

A. D. Roy · Econometrica · 1952 · 2.6K citations

, , +3

Safety First and Hedging

Lester G. Telser · The Review of Economic Studies · 1955 · 338 citations

, , +15

Safety-First, Stochastic Dominance, and Optimal Portfolio Choice

Vijay S. Bawa · Journal of Financial and Quantitative Analysis · 1978 · 280 citations

, , +17

Safety-First and Expected Utility Maximization in Mean-Standard Deviation Portfolio Analysis

David H. Pyle, Stephen J. Turnovsky · The Review of Economics and Statistics · 1970 · 80 citations

, , +14

Safety First--An Expected Utility Principle

Haim Levy, Marshall Sarnat · Journal of Financial and Quantitative Analysis · 1972 · 78 citations

, , +17

1–5 of 21

Authors

44

  1. HL
    Haim Levy

    Hebrew University of Jerusalem, Israel

    2 publications · 147 citations

    2

    h-index

  2. EC
    Enrica Carbone

    University of York, United Kingdom

    1 publications · 19 citations

    1

    h-index

  3. RY
    Rao Yuan

    Zhejiang University, China

    1 publications · 21 citations

    1

    h-index

  4. RM
    Remigus Mejeha

    1 publications · 23 citations

    1

    h-index

  5. SJ
    Stephen J. Turnovsky

    University of Washington, United States

    1 publications · 80 citations

    1

    h-index

1–5 of 44

Institutions

18

  1. Hebrew University of Jerusalem

    Jerusalem, Israel

    2 h-index

    3 publications

    176 citations

  2. University of East Anglia

    Norwich, United Kingdom

    1 h-index

    1 publications

    11 citations

  3. The University of Texas at Austin

    Austin, United States

    1 h-index

    1 publications

    49 citations

  4. University of South Australia

    Adelaide, Australia

    1 h-index

    1 publications

    19 citations

  5. Central Queensland University

    Rockhampton, Australia

    1 h-index

    2 publications

    38 citations

  6. Karlsruhe Institute of Technology

    Karlsruhe, Germany

    1 h-index

    1 publications

    26 citations

  7. Zhejiang University

    Hangzhou, China

    1 h-index

    3 publications

    63 citations

  8. University of California, Santa Barbara

    Santa Barbara, United States

    1 h-index

    1 publications

    26 citations

1–8 of 18

Venues

  1. Journal of Financial and Quantitative Analysis

    JFQA · 2 publications · 358 citations

    2

    h-index

  2. Finance research letters

    1 publications · 15 citations

    1

    h-index

  3. The Review of Economic Studies

    1 publications · 338 citations

    1

    h-index

  4. European Journal of Operational Research

    1 publications · 11 citations

    1

    h-index

  5. Animals

    1 publications · 19 citations

    1

    h-index

1–5