First order versus second order risk aversion

Risk Aversion in the Small and in the Large

John W. Pratt · Econometrica · 1964 · 4.9K citations

Economics, Behavioral Decision Making, Risk Management +8

Risk Aversion in the Small and in the Large

John W. Pratt · Econometrica · 1976 · 4.7K citations

Behavioral Decision Making, Financial Risk Management, Risk Metric +17

Essays in the Theory of Risk-Bearing.

Nils H. Hakansson, Kenneth J. Arrow · The Journal of Finance · 1972 · 4.1K citations

Economics, Risk-taking Behavior, Risk Management +9

A theory of anticipated utility

John Quiggin · Journal of Economic Behavior & Organization · 1982 · 3.2K citations

Expectation Formation, Utility Theory, Behavioral Sciences +9

The Dual Theory of Choice under Risk

Menahem E. Yaari · Econometrica · 1987 · 2.5K citations

Behavioral Decision Making, Choice Theory, Game Theory +20