Page info: *Author:Mathiesen, H. *Document version:2.2. *Copyright 1997-2019, H. Mathiesen.Legal notice. 


Exhibition: Risk behavior


Introduction: This exhibition illustrates the three important behavioral conditions of risk aversion, risk neutrality and risk loving. The source of the upper part of the figure is Copeland and Weston [1988, pages 96-102]. For the lower part of the figure it is Copeland and Weston [1988, pages 85-86].


Classic illustration of the basic risk concepts:



Alternatively the concepts can be illustrated this way:



-Copyright 1997-2019, H. Mathiesen. Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.Legal notice.