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  • Search: subject:"stochastic choice functional"
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comonotonic probability 1 embedded probability 1 isomorphism 1 monotone class theorem 1 stochastic choice functional 1
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Free 1
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Book / Working Paper 1
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Cadogan, Godfrey 1
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Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München 1
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MPRA Paper 1
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Asymptotic Theory Of Stochastic Choice Functionals For Prospects With Embedded Comotonic Probability Measures
Cadogan, Godfrey - Volkswirtschaftliche Fakultät, … - 2010
We introduce a monotone class theory of Prospect Theory's value functions, which shows that they can be replaced almost surely by a topological lifting comprised of a class of compact isomorphic maps that embed weakly co-monotonic probability measures, attached to state space, in outcome space....
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