Talk:Risk aversion
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The mathematics makes very little sense. Either it should explained more rigorously (modulo linear transformation makes no sense at all) so a mathematician could understand it, or more simply with concrete examples so a layman could.
Sorry to be so critical :) .
Am trying to learn subject so can edit it myself. Wish I'd shut up now :D .
Stevebennet 01:05, 12 April 2006 (UTC)
After a quick look on the internet I think it would be better to leave the maths out (which adds very little to the article) and explain that a single measure of risk aversion is impossible because people have different behaviours in different situations as per the text in the section 'limitations'.
Hey, am I a rude SOB or what? :)
84.66.201.15 01:50, 12 April 2006 (UTC)
[edit] Portfolio theory
The new subsection on portfolio theory pertains more to risk than risk aversion. Will move it there unless there's discussion/dissent... Jeremy Tobacman 08:55, 27 February 2007 (UTC)
[edit] Need for mathematics/portfolio theory
Please do NOT make the suggested changes in re: removing math, or removing the reference to portfolio theory. Risk aversion in general, and the two formal models of risk aversion in general, do *not* make sense without the formal specifications that are provided here, and the portfolio theory application is very useful. (Just today I googled this page because I wanted to double-check the difference between CARA and CRRA.) Best, 140.247.153.97 20:32, 11 March 2007 (UTC)
