Definition of Absolute Risk Aversion

Definition: Absolute risk aversion is an attribute of a utility function. See Arrow-Pratt measure.

Terms related to Absolute Risk Aversion:

• Arrow-Pratt measure

About.Com Resources on Absolute Risk Aversion:
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Writing a Term Paper? Here are a few starting points for research on Absolute Risk Aversion:

Books on Absolute Risk Aversion:

• Handbook of Utility Theory
• Mathematical Utility Theory

Journal Articles on Absolute Risk Aversion:

• Risk Aversion and Incentive Effects
• Risk Aversion and Expected-Utility Theory: A Calibration Theorem
• Standard Risk Aversion