Jagdish Handa
Biographic Data
| ID | 5867310 |
|---|---|
| NAME | Jagdish Handa |
| GIVEN NAMES | Jagdish |
| FAMILY NAME | Handa |
| SIGNATURE | HANDA J |
| VERIFIED | No |
| TOTAL WORKS | 2 |
| TOTAL CITATIONS | 9 |
| AUTHOR COUNT | 2 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1971 |
| LATEST PUBLICATION YEAR | 1977 |
| H-INDEX | 1 |
Risk, Probabilities, and a New Theory of Cardinal Utility
This paper presents a set of certainty-equivalence (CE) axioms which allow the individual's preferences to be expressed by a cardinal utility index in the case of quantifiable single-good, uncertain (or certain) prospects. This axiom set differs from the von Neumann-Morgenstern (NM) axiom set. The analysis is extended to the multigood case, and its implications for risk taking are derived. Various tests reported in the literature on experimental …
A Theory of Risk Preference in Gambling
This paper examines the optimal portfolio composition for a risk-preferrer who is a gambler. His indifference curves in the expected return-risk space are shown to be convex to the origin under the assumption of decreasing risk preference, and his efficient opportunity locus is in general discontinuous and convex. The optimal portfolio for such a risk-preferrer may be a diversified one, composed of several lottery and nonlottery assets. Diversifi…
Risk, Probabilities, and a New Theory of Cardinal Utility
This paper presents a set of certainty-equivalence (CE) axioms which allow the individual's preferences to be expressed by a cardinal utility index in the case of quantifiable single-good, uncertain (or certain) prospects. This axiom set differs from the von Neumann-Morgenstern (NM) axiom set. The analysis is extended to the multigood case, and its implications for risk taking are derived. Various tests reported in the literature on experimental …
A Theory of Risk Preference in Gambling
This paper examines the optimal portfolio composition for a risk-preferrer who is a gambler. His indifference curves in the expected return-risk space are shown to be convex to the origin under the assumption of decreasing risk preference, and his efficient opportunity locus is in general discontinuous and convex. The optimal portfolio for such a risk-preferrer may be a diversified one, composed of several lottery and nonlottery assets. Diversifi…
A Theory of Risk Preference in Gambling
This paper examines the optimal portfolio composition for a risk-preferrer who is a gambler. His indifference curves in the expected return-risk space are shown to be convex to the origin under the assumption of decreasing risk preference, and his efficient opportunity locus is in general discontinuous and convex. The optimal portfolio for such a risk-preferrer may be a diversified one, composed of several lottery and nonlottery assets. Diversifi…
Risk, Probabilities, and a New Theory of Cardinal Utility
This paper presents a set of certainty-equivalence (CE) axioms which allow the individual's preferences to be expressed by a cardinal utility index in the case of quantifiable single-good, uncertain (or certain) prospects. This axiom set differs from the von Neumann-Morgenstern (NM) axiom set. The analysis is extended to the multigood case, and its implications for risk taking are derived. Various tests reported in the literature on experimental …
Decision-Making and Behavioral Economics (2 works) · Economics (2 works) · Expected utility hypothesis (2 works) · Microeconomics (2 works) · Actuarial science (1 works) · Axiom (1 works) · Axiom of choice (1 works) · Business (1 works) · Certainty (1 works) · Computer Science (1 works)