risk aversion coefficient

基本解釋

The payoff and risk of the optimal risky portfolio is determined by both the payoff-risk coefficient of information and the risk aversion parameter.
在均值-方差偏好意義下投資者的最優(yōu)收益由其對(duì)應(yīng)信息的風(fēng)險(xiǎn)-收益系數(shù)和其風(fēng)險(xiǎn)厭惡參數(shù)共同決定。
Based on consumption-based asset pricing theory, the equity premium in China's stock market should be explained by a high relative risk aversion coefficient of investor.
按照傳統(tǒng)的消費(fèi)資本資產(chǎn)定價(jià)理論，中國股市的高股權(quán)溢價(jià)只能由投資者的高相對(duì)風(fēng)險(xiǎn)厭惡系數(shù)來解釋。
The mean and variance of the optimal payoff is determined by both the payoff-risk coefficient of information and the risk aversion parameter, but the risk price is only by the former.
投資者的最優(yōu)收益的期望值和方差由其對(duì)應(yīng)信息的風(fēng)險(xiǎn)-收益系數(shù)和風(fēng)險(xiǎn)厭惡參數(shù)共同決定。而市場的風(fēng)險(xiǎn)價(jià)格完全由信息的風(fēng)險(xiǎn)-收益系數(shù)確定。