Abstract
This paper attempts to answer the question: When is a random variable Y “more variable” than another random variable X?
The research described in this paper was carried out under grants from the National Science Foundation and the Ford Foundation.
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© 1992 Springer Science+Business Media New York
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Rothschild, M., Stiglitz, J.E. (1992). Increasing Risk: I. A Definition. In: Dionne, G., Harrington, S.E. (eds) Foundations of Insurance Economics. Huebner International Series on Risk, Insurance and Economic Security, vol 14. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-7957-5_4
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DOI: https://doi.org/10.1007/978-94-015-7957-5_4
Publisher Name: Springer, Dordrecht
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