风险厌恶是用来测量人们通过付钱来降低风险的意愿。这类人不喜欢风险高的投资。
假定投资者是绝对的风险厌恶者，其保值的目的是将风险最小化，由此得到最小方差下的套期保值比率。
Assume investors are absolute risk averter, and it is their aim to minimize its risk, and get hedge ratio under it.
假定投资者是绝对的风险厌恶者，其保值的目的是为了将风险最小化，由此可以得到最小方差下的套期保值比率。
The assumption that investors are absolute risk aversion, its value is designed to minimize the risks, which can be minimum variance under the hedging rate.
当风险厌恶氛围抬头——并且在一定水平上必然提升，新兴市场的发债者通常会迅速感受其影响。
When risk aversion mounts-as it surely will again at some point-emerging-market borrowers are usually quick to feel the effects.
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