Pages • 1
Risk and Risk Aversion Lecture 1: Risk and Risk AversionThis should mostly be review given your Microeconomics coursesReadings:Ingersoll – Chapter 1Leroy and Werner Chapters 8 & 9Ross – “Stronger Measures of Risk Aversion”The most interesting aspect of Asset Pricing, the focus of this course, considers how securities markets price risk (the time dimension alone is.