Cohen, Michèle - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2008
experimental point of view (Allais' paradox) as well as for its restrictive lack of explanatory power. The Rank-Dependent Expected … Utility model (RDU) model (Quiggin, 1982) attempts to answer some of these criticisms. The decision maker is characterized by …