Similar Search Results

Quantum decision theory augments rank-dependent expected utility and cumulative prospect theory

Ferro, Giuseppe M.; Kovalenko, Tatyana; Sornette, Didier - In: Journal of economic psychology : research in economic … 86 (2021), pp. 1-21

Persistent link: https://www.econbiz.de/10013252989

Expected utility theory with imprecise probability perception : explaining preference reversals

Bayrak, Oben K.; Hey, John Denis - In: Applied economics letters 24 (2017) 13/15, pp. 906-910

Persistent link: https://www.econbiz.de/10011714395

Ambiguity framed

Schneider, Mark; Leland, Jonathan W.; Wilcox, Nathaniel T. - In: Journal of risk and uncertainty : JRU 57 (2018) 2, pp. 133-151

Persistent link: https://www.econbiz.de/10012022907

An explanation of each-way wagers in three models of risky choice

Peel, David - In: Applied economics 50 (2018) 22, pp. 2431-2438

Persistent link: https://www.econbiz.de/10011850237

Distorted Probabilities and Choice under Risk

Puppe, Clemens - 1991

This book provides a systematic, formal treatment of a recently proposed extension of the expected utility model of choice under risk: the so-called rank-dependent utility model. In this approach the representation of preferences is based upon a (generalized) utility function defined on the...