Comparative statics predictions for the cross-effects of central dominancechanges in risk with quasilinear payoffs

Authors
Choi, G Kim, I Snow, A
Citation
G. Choi et al., Comparative statics predictions for the cross-effects of central dominancechanges in risk with quasilinear payoffs, ECON LETT, 66(1), 2000, pp. 41-48
Citations number
9
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
66
Issue
1
Year of publication
2000
Pages
41 - 48
Database
ISI
SICI code
0165-1765(200001)66:1<41:CSPFTC>2.0.ZU;2-E
Abstract
We examine cross-effects for central dominance changes in the random payoff to one activity on the willingness of a risk averter to undertake or expan d a second. This willingness is enhanced for quasilinear payoffs when activ ities are cost substitutes. (C) 2000 Elsevier Science S.A. All rights reser ved.