Non‐parametric estimation of decision makers' risk aversion
提出一种非参数方法，利用期望值-方差框架和二次规划，从观察到的经济行为中估计决策者的绝对风险厌恶系数，并用挪威农场数据进行了实证演示。
Abstract A new non‐parametric method to estimate a decision maker's coefficient of absolute risk aversion from observed economic behaviour is explained. The method uses the expected value‐variance (E‐V) framework and quadratic programming. An empirical illustration is given using Norwegian farm‐level data.