{"id":"https://openalex.org/W1982959755","doi":"https://doi.org/10.1007/bf00134104","title":"On the definition of risk aversion","display_name":"On the definition of risk aversion","publication_year":1990,"publication_date":"1990-07-01","ids":{"openalex":"https://openalex.org/W1982959755","doi":"https://doi.org/10.1007/bf00134104","mag":"1982959755"},"language":"en","primary_location":{"id":"doi:10.1007/bf00134104","doi":"https://doi.org/10.1007/bf00134104","is_oa":false,"landing_page_url":"https://doi.org/10.1007/bf00134104","pdf_url":null,"source":{"id":"https://openalex.org/S134979503","display_name":"Theory and Decision","issn_l":"0040-5833","issn":["0040-5833","1573-7187"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-1","ki-jl-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Theory and Decision","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5022751976","display_name":"Aldo Montesano","orcid":"https://orcid.org/0000-0001-8935-7062","observed_orcids":["https://orcid.org/0000-0001-8935-7062"]},"institutions":[{"id":"https://openalex.org/I71209653","display_name":"Bocconi University","ror":"https://ror.org/05crjpb27","country_code":"IT","type":"education","lineage":["https://openalex.org/I71209653"]}],"countries":["IT"],"is_corresponding":true,"raw_author_name":"Aldo Montesano","raw_affiliation_strings":["Department of Economics, Bocconi University, Milan, Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Bocconi University, Milan, Italy","institution_ids":["https://openalex.org/I71209653"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5022751976"],"corresponding_institution_ids":["https://openalex.org/I71209653"],"apc_list":{"value":3190,"currency":"USD","value_usd":3190},"apc_paid":null,"fwci":0.7027,"has_fulltext":false,"cited_by_count":17,"citation_normalized_percentile":{"value":0.65613383,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"29","issue":"1","first_page":"53","last_page":"68"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10646","display_name":"Experimental Behavioral Economics Studies","score":0.00039999998989515007,"subfield":{"id":"https://openalex.org/subfields/3311","display_name":"Safety Research"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10841","display_name":"Economic and Environmental Valuation","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/risk-aversion","display_name":"risk aversion","score":0.9990000128746033},{"id":"https://openalex.org/keywords/risk-premium","display_name":"risk premium","score":0.5830000042915344},{"id":"https://openalex.org/keywords/mean-preserving-spread","display_name":"mean-preserving spread","score":0.8199999928474426},{"id":"https://openalex.org/keywords/non-expected-utility","display_name":"non-expected utility","score":0.8679999709129333},{"id":"https://openalex.org/keywords/concavity","display_name":"concavity","score":0.41600000858306885},{"id":"https://openalex.org/keywords/von-neumann-morgenstern-utility","display_name":"von Neumann-Morgenstern utility","score":0.902999997138977},{"id":"https://openalex.org/keywords/decision-making-under-uncertainty","display_name":"decision making under uncertainty","score":0.6499999761581421}],"concepts":[{"id":"https://openalex.org/C205706631","wikidata":"https://www.wikidata.org/wiki/Q2319304","display_name":"Expected utility hypothesis","level":2,"score":0.7696542143821716},{"id":"https://openalex.org/C129915516","wikidata":"https://www.wikidata.org/wiki/Q17083550","display_name":"Risk aversion (psychology)","level":3,"score":0.7452231645584106},{"id":"https://openalex.org/C124999997","wikidata":"https://www.wikidata.org/wiki/Q4358367","display_name":"Von Neumann\u2013Morgenstern utility theorem","level":3,"score":0.712232768535614},{"id":"https://openalex.org/C2781249084","wikidata":"https://www.wikidata.org/wiki/Q908656","display_name":"Preference","level":2,"score":0.6125482320785522},{"id":"https://openalex.org/C69257216","wikidata":"https://www.wikidata.org/wiki/Q7575204","display_name":"Spectral risk measure","level":4,"score":0.5899276733398438},{"id":"https://openalex.org/C127447990","wikidata":"https://www.wikidata.org/wiki/Q4741446","display_name":"Ambiguity aversion","level":3,"score":0.57074373960495},{"id":"https://openalex.org/C154808841","wikidata":"https://www.wikidata.org/wiki/Q3467023","display_name":"Isoelastic utility","level":3,"score":0.5555277466773987},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5225633978843689},{"id":"https://openalex.org/C136028653","wikidata":"https://www.wikidata.org/wiki/Q1425777","display_name":"Subjective expected utility","level":3,"score":0.5183030962944031},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.46776407957077026},{"id":"https://openalex.org/C14036430","wikidata":"https://www.wikidata.org/wiki/Q3736076","display_name":"Function (biology)","level":2,"score":0.4403200149536133},{"id":"https://openalex.org/C151541453","wikidata":"https://www.wikidata.org/wiki/Q523022","display_name":"Risk premium","level":2,"score":0.4185831844806671},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.41373807191848755},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.3543868064880371},{"id":"https://openalex.org/C5496284","wikidata":"https://www.wikidata.org/wiki/Q5420856","display_name":"Expected shortfall","level":3,"score":0.22716030478477478},{"id":"https://openalex.org/C32896092","wikidata":"https://www.wikidata.org/wiki/Q189447","display_name":"Risk management","level":2,"score":0.21191123127937317},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.19655665755271912},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.132833331823349},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.06515282392501831},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0},{"id":"https://openalex.org/C2780522230","wikidata":"https://www.wikidata.org/wiki/Q1140419","display_name":"Ambiguity","level":2,"score":0.0},{"id":"https://openalex.org/C78458016","wikidata":"https://www.wikidata.org/wiki/Q840400","display_name":"Evolutionary biology","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1007/bf00134104","doi":"https://doi.org/10.1007/bf00134104","is_oa":false,"landing_page_url":"https://doi.org/10.1007/bf00134104","pdf_url":null,"source":{"id":"https://openalex.org/S134979503","display_name":"Theory and Decision","issn_l":"0040-5833","issn":["0040-5833","1573-7187"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-1","ki-jl-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Theory and Decision","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":15,"referenced_works":["https://openalex.org/W53394595","https://openalex.org/W585761225","https://openalex.org/W1558438642","https://openalex.org/W1982635313","https://openalex.org/W2005349928","https://openalex.org/W2025102824","https://openalex.org/W2042223112","https://openalex.org/W2056819186","https://openalex.org/W2063856948","https://openalex.org/W2079447760","https://openalex.org/W2139741575","https://openalex.org/W2170800768","https://openalex.org/W3154317452","https://openalex.org/W4235007239","https://openalex.org/W4298304389"],"related_works":["https://openalex.org/W265552076","https://openalex.org/W121989287","https://openalex.org/W2015877203","https://openalex.org/W4250007077","https://openalex.org/W86371733","https://openalex.org/W2006762212","https://openalex.org/W67339915","https://openalex.org/W1971417159","https://openalex.org/W7097658654","https://openalex.org/W7101108656"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":2},{"year":2020,"cited_by_count":4},{"year":2018,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":1}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}
