Harin, Alexander - In: Review of Economics & Finance 2 (2012) November, pp. 24-36
theory, are briefly presented. Similar experiments may be associated with the old problems of utility theory, such as the … example, by the influence of observation noises. Applications of the theorems to experiments, which are typical of the utility … underweighting of high and the overweighting of low probabilities, risk aversion, loss aversion, the Allais paradox, the equity …