The name is absent



Table 1. Relationships among Arrow-Pratt risk aversion measures

_____DRRA

CRRA_____

IRRA

DARA

Feasible

Feasible

Feasible

CARA

Not feasible

Not feasible

Feasible

IARA

______Not feasible

Not feasible_____

______Feasible______

Source: Saha (1997)

Table 2. The conditions imposed on MS function under LS condition

______DRRA

CRRA

_____IRRA

DARA

(1)(2)(3-i) (3-ii)(3-iii)
(4-i)(5-i)

(1)(2)(3-i)(3-ii)(3-iii)
(4-i)(5-ii)

(1)(2)(3-i)(3-ii)(3-iii)
(4-i)(5-iii)

CARA

Not feasible

Not feasible

(1)(2)(3-i)(3-ii)(3-iii)
(4-ii)(5-iii)

IARA

Not feasible

Not feasible

(1)(2)(3-i)(3-ii)(3-iii)
(4-iii) (5-iii)

32



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