Risk aversion in the Talmud

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

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 sophisticated concepts of modern theories of risk-bearing.
Original languageEnglish
Title of host publicationAssets, Beliefs, and Equilibria in Economic Dynamics
Subtitle of host publicationEssays in Honor of Mordecai Kurz
EditorsCharalambos D. Aliprantis, Kenneth J. Arrow, Peter Hammond, Felix Kubler, Ho-Mou Wu, Nicholas C. Yannelis
Place of PublicationBerlin, Heidelberg
PublisherSpringer Berlin Heidelberg
Pages19-25
Number of pages7
ISBN (Print)978-3-662-05858-9
DOIs
StatePublished - 2004

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