This paper tests whether utility is the same for risk and for uncertainty. This test is critical for models that … models and prospect theory. We present a new method to measure utility and loss aversion under uncertainty without the need … utility and loss aversion were the same for risk and uncertainty, suggesting that utility primarily reflects attitudes towards …

of loss aversion in medical trade-offs decreases with duration. These findings are encouraging for utility measurement …

of loss aversion in medical trade-offs decreases with duration. These findings are encouraging for utility measurement …