trustme.bro/r/…
✓ checked
trust me, bro:
here is the receipt.
the claim
Diminishing marginal utility implies risk aversion in expected utility theory
the verdict
SUPPORTED
the evidence backs this
refutedsupported
the weight of evidence
9 sources for · 0 against

Within expected utility theory, a concave utility function representing diminishing marginal utility mathematically entails that an individual will reject a fair gamble, which is the definition of risk aversion.

Evidence for · 9
Kluwer Academic Publishers: A comprehensive assessment of the role of risk in U.S. agriculture
2002 · cited by 0
States that diminishing marginal utility implies risk aversion within expected utility hypotheses.
See more details
The analysis

Judged against the evidence record for claims of this kind.

More for · 8
Macmillan: The theory of business finance : a book of readings
1976 · cited by 0
Connects diminishing marginal utility of money to consequences in finance.
Cambridge University Press: Insurance and Behavioral Economics : Improving Decisions in the Most Misunderstood Industry
2013 · cited by 0
Explicitly states that diminishing marginal utility of money implies risk-averse behavior in expected utility models.
Cambridge University Press: The cost of capital : intermediate theory
2005 · cited by 0
States risk aversion implies diminishing marginal utility from consumption under expected utility.
HarperCollins College Publishers: Benefit-cost analysis in theory and practice
1994 · cited by 0
States that if an individual has diminishing marginal utility of wealth, they exhibit risk aversion.
OpenAIRE: You get what you want: A note on the economics of bad news
2015 · cited by 0
Assumes a framework where consumers are risk averse and diminishing marginal utility applies.
OpenAIRE: Conducting Cost Benefit Analysis in Expected Utility Units Using Revealed Social Preferences
2023 · cited by 0
Links Von Neumann-Morgenstern expected utility, diminishing marginal utility, and risk aversion.
OpenAIRE: Accounting for risk aversion, income distribution and social welfare in cost-benefit analysis for flood risk management
2017 · cited by 0
States diminishing marginal utility of money implies risk aversion.
Individual Utilities of Life Satisfaction Reveal Inequality Aversion Unrelated to Political Alignment.
2026 · cited by 0
Uses expected utility maximization and notes participants display concave utility curves.
Everything we examined (26)
  1. Wikipedia: Marginal utilityreferenceno side takennot shown: read and judged not to bear on this claim
  2. Wikipedia: Risk aversionreferenceno side takennot shown: read and judged not to bear on this claim
  3. Book: Choices, Values, and Framesreferencesupportsnot shown: a book whose author and subject did not establish authority here
  4. Book: CFA Program Curriculum 2019 Level III Volumes 1-6 Box Setreferencesupportsnot shown: a book whose author and subject did not establish authority here
  5. Book: Encyclopedia of Law and Economicsreferenceno side takennot shown: read and judged not to bear on this claim
  6. Book: The New Palgrave Dictionary of Economics and the Lawreferencesupportsnot shown: a book whose author and subject did not establish authority here
  7. Book: CFA Program Curriculum 2020 Level III, Volumes 1 - 6referencesupportsnot shown: a book whose author and subject did not establish authority here
  8. Book: CFA Program Curriculum 2018 Level IIIreferencesupportsnot shown: a book whose author and subject did not establish authority here
  9. Book: The Routledge Handbook of the Philosophy of Economicsreferenceno side takennot shown: read and judged not to bear on this claim
  10. Book: CFA Program Curriculum 2017 Level III, Volumes 1 - 6referencesupportsnot shown: a book whose author and subject did not establish authority here
  11. Editions Rodopi BV: Utilitarian general theory of valuereferenceno side takennot shown: read and judged not to bear on this claim
  12. Kluwer Academic Publishers: A comprehensive assessment of the role of risk in U.S. agriculturereferencesupports
  13. World Scientific: Financial economics, risk and information : an introduction to methods and modelsreferenceno side takennot shown: read and judged not to bear on this claim
  14. Macmillan: The theory of business finance : a book of readingsreferencesupports
  15. Cambridge University Press: Insurance and Behavioral Economics : Improving Decisions in the Most Misunderstood Industryreferencesupports
  16. Cambridge University Press: The cost of capital : intermediate theoryreferencesupports
  17. HarperCollins College Publishers: Benefit-cost analysis in theory and practicereferencesupports
  18. Springer: Encyclopedia of financereferenceno side takennot shown: read and judged not to bear on this claim
  19. MDM Policy & Practice: Implications of Diminishing Lifespan Marginal Utility for Valuing Equity in Cost-Effectiveness Analysispeer-reviewedno side takennot shown: read and judged not to bear on this claim
  20. OpenAIRE: Implications of Diminishing Lifespan Marginal Utility for Valuing Equity in Cost-Effectiveness Analysispeer-reviewedno side takennot shown: read and judged not to bear on this claim
  21. OpenAIRE: You get what you want: A note on the economics of bad newspeer-reviewedsupports
  22. OpenAIRE: Budget-constrained searchpeer-reviewedno side takennot shown: read and judged not to bear on this claim
  23. OpenAIRE: Conducting Cost Benefit Analysis in Expected Utility Units Using Revealed Social Preferencespeer-reviewedsupports
  24. OpenAIRE: Accounting for risk aversion, income distribution and social welfare in cost-benefit analysis for flood risk managementpeer-reviewedsupports
  25. OpenAIRE: Diminishing Willingness to Pay per Quality‐Adjusted Life Year: Valuing Acute Foodborne Illnesspeer-reviewedno side takennot shown: read and judged not to bear on this claim
  26. Individual Utilities of Life Satisfaction Reveal Inequality Aversion Unrelated to Political Alignment.peer-reviewedsupports
The paper trail · every fact has a biography
first checked05 Aug 2026
judged → SUPPORTED · 7505 Aug 2026
This receipt carries no identity, shared or not. Sharing publishes your connection to it, not your data.
Check your own claim
Challenge the receipt
trust me, bro: win the argument, pass the class, survive peer review.
This receipt is an automated verdict against our published method · not an opinion about any author or publication.
Terms · Privacy · How verdicts work · Dispute this receipt