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This paper provides behavioral foundations for parametric weighting functions under rankdependent utility. This is achieved by decomposing the independence axiom of expected utility into separate meaningful properties. These conditions allow us to characterize rank-dependent utility with power...
Persistent link: https://www.econbiz.de/10010296267
This paper provides preference foundations for parametric weighting functions under rankdependent utility. This is achieved by decomposing the independence axiom of expected utility into separate meaningful properties. These conditions allow us to characterize rank-dependent utility with power...
Persistent link: https://www.econbiz.de/10010272968
This paper provides behavioral foundations for parametric weighting functions under rankdependent utility. This is achieved by decomposing the independence axiom of expected utility into separate meaningful properties. These conditions allow us to characterize rank-dependent utility with power...
Persistent link: https://www.econbiz.de/10003411628
Persistent link: https://www.econbiz.de/10003909996
This paper provides preference foundations for parametric weighting functions under rankdependent utility. This is achieved by decomposing the independence axiom of expected utility into separate meaningful properties. These conditions allow us to characterize rank-dependent utility with power...
Persistent link: https://www.econbiz.de/10003610616
Persistent link: https://www.econbiz.de/10003700027
Persistent link: https://www.econbiz.de/10003494642
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