Epstein–Zin preferences
id:
epstein-zin-preferences-313-18244502
title:
Epstein–Zin preferences
text:
In economics, Epstein–Zin preferences refers to a specification of recursive utility. A recursive utility function can be constructed from two components,: a time aggregator that characterizes preferences in the absence of uncertainty and a risk aggregator that defines the certainty equivalent function that characterizes preferences over static gambles and is used to aggregate the risk associated with future utility. With Epstein–Zin preferences, the time aggregator is a linearly homogeneous CES
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Epstein%E2%80%93Zin_preferences
date created:
date modified:
2024-02-02T14:05:50Z
main entity:
{"identifier":"Q5384032","url":"https://www.wikidata.org/entity/Q5384032"}
image:
fields total:
13
integrity:
13