NO.PZ2015121801000052
问题如下:
With respect to utility theory, the most risk-averse investor will have an indifference curve with the:
选项:
A.most convexity.
B.smallest intercept value.
C.greatest slope coefficient.
解释:
C is correct.
The most risk-averse investor has the indifference curve with the greatest slope.
其中有一个回答就说
“这题问的是most risk-averse investor的情况,他代表了极度厌恶风险的人群。所以对于这类人群,他们的无差异曲线不仅是凸的,而且凸的很明显;每一单位风险的增加会要求更高的收益率的增加。所以他们的无差异曲线斜率很大。”
凸的很明显,不就表示Convexity很大么?
就感觉 A和C表达是一个意思,麻烦老师再讲解一下