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  1. Hyperbolic absolute risk aversion, Hyperbolic absolute risk aversion: Wikipedia, the Free Encyclopedia

Definitions from Wikipedia (Hyperbolic absolute risk aversion)

noun:  In finance, economics, and decision theory, hyperbolic absolute risk aversion (Chapter I of his Ph.D. dissertation; Chapter 5 in his Continuous-Time Finance).Ljungqvist & Sargent, Recursive Macroeconomic Theory, MIT Press, Second EditionZender's lecture notes refers to a type of risk aversion that is particularly convenient to model mathematically and to obtain empirical predictions from.


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