Chapter 4 Risky Decisions. von Neumann Morgenstern measures of risk aversion, HARA class Arrow-Debreu general equilibrium, welfare theorem, representative.
1 15. Risk and Information 15.1 Describing Risky Outcomes 15.2 Evaluating Risky Outcomes 15.3 Bearing and Eliminating Risk 15.4 Analyzing Risky Decisions.