constant absolute risk aversionの例文

例文

1. This portfolio example shows the two key features of exponential utility : tractability under joint normality, and lack of realism due to its feature of constant absolute risk aversion.
2. Constant absolute risk aversion occurs as \ gamma goes to positive or negative infinity, and the particularly implausible case of increasing absolute risk aversion occurs if \ gamma is greater than one and finite.
3. Special classes of utility functions are the CRRA ( constant relative risk aversion ) functions, where RRA ( w ) is constant, and the CARA ( constant absolute risk aversion ) functions, where ARA ( w ) is constant.