A Simple Riskiness Order Leading to the Aumann-Serrano Index of Riskiness

Sergiu Hart



   
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Abstract
We introduce a simple "riskier than" order between gambles, from which the index of riskiness of Aumann and Serrano (2008) is directly obtained.


==> Superseded by "Comparing Risks by Acceptance and Rejection" <==

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© Sergiu Hart