Risk aversion in the Talmud

Robert J. Aumann

doi:10.1007/s00199-002-0304-9

Risk aversion in the Talmud

Robert J. Aumann^*

^*Corresponding author for this work

Einstein Institute of Mathematics

Research output: Contribution to journal › Article › peer-review

6 Scopus citations

Abstract

Evidence is adduced that the sages of the ancient Babylonian Talmud, as well as some of the medieval commentators thereon, were well aware of sophis-ticated concepts of modern theories of risk-bearing.

Original language	English
Pages (from-to)	233-239
Number of pages	7
Journal	Economic Theory
Volume	21
Issue number	2-3
DOIs	https://doi.org/10.1007/s00199-002-0304-9
State	Published - Mar 2003

Keywords

Risk aversion
Subjective value
Talmud

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10.1007/s00199-002-0304-9

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Risk aversion in the Talmud

Abstract

Keywords

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