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Utility-Based Utility
Cass, David - Department of Economics, University of Pennsylvania - 2007
affords an extremely natural setting for introducing extrinsic uncertainty. The key idea behind my approach is to divorce the …
Persistent link: https://www.econbiz.de/10005126672
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Utility-Based Utility
Cass, David - Department of Economics, University of Pennsylvania - 2007
extremely natural setting for introducing extrinsic uncertainty. The key idea is to divorce the concept of filtration (of the …
Persistent link: https://www.econbiz.de/10005061921
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History-Dependent Risk Attitude, Second Version
Dillenberger, David; Rozen, Kareen - Department of Economics, University of Pennsylvania - 2011
We propose a model of history-dependent risk attitude, allowing a decision maker’s risk attitude to be affected by his history of disappointments and elations. The decision maker recursively evaluates compound risks, classifying realizations as disappointing or elating using a threshold rule....
Persistent link: https://www.econbiz.de/10010822906
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History-Dependent Risk Attitude
Dillenberger, David; Rozen, Kareen - Department of Economics, University of Pennsylvania - 2011
We propose a model of history-dependent risk attitude (HDRA), allowing the attitude of a decision-maker (DM) towards risk at each stage of a T-stage lottery to evolve as a function of his history of disappointments and elations in prior stages. We establish an equivalence between the existence...
Persistent link: https://www.econbiz.de/10008830118
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Disappointment Cycles
Dillenberger, David; Rozen, Kareen - Department of Economics, University of Pennsylvania - 2010
We propose a model of history dependent disappointment aversion (HDDA), allowing the attitude of a decision-maker (DM) towards disappointment at each stage of a T-stage lottery to evolve as a function of his history of disappointments and elations in prior stages. We establish an equivalence...
Persistent link: https://www.econbiz.de/10008461876
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How Beliefs about HIV Status Affect Risky Behaviors: Evidence from Malawi, Seventh Version
Paula, Áureo de; Shapira, Gil; Todd, Petra E. - Department of Economics, University of Pennsylvania - 2011
This paper examines how beliefs about own HIV status affect decisions to engage in risky sexual behavior, as measured … behavioral model of the belief-risky behavior relationship. It then estimates the causal effect of beliefs on risky behavior in a …, arising from dependence of current beliefs on past risky behavior. Results show that downward revisions in the belief assigned …
Persistent link: https://www.econbiz.de/10009318181
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How Beliefs about HIV Status Affect Risky Behaviors: Evidence from Malawi, Second Version
Paula, Aureo de; Shapira, Gil; Todd, Petra E. - Department of Economics, University of Pennsylvania - 2009
This paper examines whether and to what extent changes in beliefs about own HIV status induce changes in risky sexual … Diffusion and Ideational Change Project (MDICP), which contain detailed information on beliefs about HIV status and on sexual … behaviors. Many individuals change their beliefs over time, because of opportunities to get tested for HIV and informational …
Persistent link: https://www.econbiz.de/10008497789
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How Beliefs About HIV Status affect Risky Behaviors: Evidence From Malawi, Second Version
Paula, Aureo de; Shapira, Gil; Todd, Petra E. - Department of Economics, University of Pennsylvania - 2008
This paper examines how beliefs about own HIV status affect sexual behavior. Risky behavior is measured as the … Malawi Diffusion and Ideational Change Project. Controlling for endogeneity between beliefs and risk-taking, we find that …
Persistent link: https://www.econbiz.de/10005102119
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How Beliefs about HIV Status Affect Risky Behaviors: Evidence from Malawi
Paula, Aureo de; Shapira, Gil; Todd, Petra - Department of Economics, University of Pennsylvania - 2008
information about their own HIV status. This paper examines how beliefs about own HIV status affect risky sexual behavior using … between beliefs and risk-taking, we find that downward revisions in the subjective belief of being HIV positive lead to …
Persistent link: https://www.econbiz.de/10005109602
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How Beliefs about HIV Status Affect Risky Behaviors: Evidence from Malawi, Sixth Version
Paula, Aureo de; Shapira, Gil; Todd, Petra E. - Department of Economics, University of Pennsylvania - 2010
This paper examines how beliefs about own HIV status affect decisions to engage in risky sexual behavior (as measured … by extramarital affairs) and analyzes the potential for interventions that influence beliefs, such as HIV testing and … 2006 and 2008 from the Malawi Diffusion and Ideational Change Project (MDICP). In the data, beliefs about HIV status vary …
Persistent link: https://www.econbiz.de/10008837698