منابع مشابه
Stochastic Dominance and Absolute Risk Aversion
In this paper we propose the inÞmum of the Arrow-Pratt index of absolute risk aversion as a measure of global risk aversion of a utility function. We then show that, for any given arbitrary pair of distributions, there exists a threshold level of global risk aversion such that all increasing concave utility functions with at least as much global risk aversion would rank the two distributions in...
متن کاملBlood pressure targets and absolute cardiovascular risk.
In the Eighth Joint National Committee guideline on hypertension, the threshold for the initiation of blood pressure-lowering treatment for elderly adults (≥60 years) without chronic kidney disease or diabetes mellitus was raised from 140/90 mm Hg to 150/90 mm Hg. However, the committee was not unanimous in this decision, particularly because a large proportion of adults ≥60 years may be at hig...
متن کاملA General Index of Absolute Risk Attitude
Many results involving expected utility theory call upon the notions of absolute risk aversion, prudence and/or temperance. The present paper exploits a representation of the FriedmanSavage utility premium to give a general foundation for such coefficients and for their higherorder extensions.
متن کاملRisk factor modification and projections of absolute breast cancer risk.
BACKGROUND Although modifiable risk factors have been included in previous models that estimate or project breast cancer risk, there remains a need to estimate the effects of changes in modifiable risk factors on the absolute risk of breast cancer. METHODS Using data from a case-control study of women in Italy (2569 case patients and 2588 control subjects studied from June 1, 1991, to April 1...
متن کاملPlease address correspondence to
2 By the end of his life, Armand Hammer, the prominent industrialist, had alienated virtually all of his friend s and family, driven his corporation into financial ruin, and tainted his public reputation. Nevertheless, he seemed quite pleased with himself: "There has never been anyone like me, and my likes will never be seen again"; "The brilliance of my mind can only be described as dazzling. ...
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ژورنال
عنوان ژورنال: BMJ
سال: 2008
ISSN: 0959-8138,1468-5833
DOI: 10.1136/bmj.39462.555197.47