2] (3) lies between -1 and 0 for increasing absolute risk aversion (IARA): [A.
What does IARA stand for?
IARA stands for Increasing Absolute Risk Aversion
This definition appears somewhat frequently and is found in the following Acronym Finder categories:
- Organizations, NGOs, schools, universities, etc.
See other definitions of IARA
We have 11 other meanings of IARA in our Acronym Attic
- Internet Access Router
- Interoperability Assessment Report
- Intra-Area Routing (Cisco)
- Inventory Adjustment Rate
- Inventory Adjustment Report
- Investment Advisor Representative
- Investment Analysis Report
- Ion Assisted Reaction
- Irradiation Anneal Reirradiation
- ISDN Automatic Recall
- Interim Assistance Reimbursement Agreement (various states)
- International Automotive Remarketers Alliance (Mt. Arlington, NJ)
- Irish Ancestral Research Association (Ireland)
- Islamic African Relief Agency
- Islamic American Relief Agency
- Institute for Advanced Research in Asian Science and Medicine (Garden City, NY)
- Initial Adaptive Reaction of Brain
- Insurance Agents Registration Board (est. 1993; Hong Kong)
- Iowa Association of Regular Baptist Churches
- Illinois Association of Recycling Centers (now Illinois Recycling Association)
Samples in periodicals archive:
They are: constant absolute risk aversion (CARA), decreasing absolute risk aversion (DARA), increasing absolute risk aversion (IARA), constant relative risk aversion(CRRA), decreasing relative risk aversion (DRRA), and increasing relative risk aversion (IRRA).
With increasing absolute risk aversion, wealth effects can lead to a rising demand curve for labor in the long run, even though the short-run demand curve is downward sloping.
An alternative assumption is increasing absolute risk aversion (IARA).
Thus, the price intercept of the demand curve will increase with initial income under increasing absolute risk aversion (IARA).
the assumption of decreasing absolute risk [aversion] for W has very strong support, and increasing absolute risk aversion is quite universally rejected" (p.
the wealth effect, is null under constant absolute risk aversion (CARA) and is indeterminate under decreasing or increasing absolute risk aversion.
However, some utility functions with an increasing absolute risk aversion also satisfy this set of conditions.