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  • 标题:Écarts entre prix d’achat et prix de vente d’une variable aléatoire : une clarification
  • 本地全文:下载
  • 作者:Jean-Michel Courtault et Jean-Pascal Gayant
  • 期刊名称:L'Actualité économique
  • 印刷版ISSN:0001-771X
  • 电子版ISSN:1710-3991
  • 出版年度:2002
  • 卷号:78
  • 期号:2
  • 页码:243-243–256
  • 出版社:Erudit
  • 摘要:

    In this paper, we study in the framework of the RDEU model, on one hand the bid-ask spread, and on the other hand the disparity between the buying price and the selling price of a random variable. We show that there is no fundamental difference between the results obtained in the framework of the RDEU model and the results obtained in the framework of the EU model subject to a substitution of the interpretation in term of risk aversion coefficient by an interpretation in term of sensitivity of marginal utility.

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