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Blavatskyy, Pavlo R. - 2010

The results of a new experimental study reveal highly systematic violations of expected utility theory. The pattern of … decision theories - stochastic expected utility theory (Blavatskyy, 2007) and perceived relative argument model (Loomes, 2008 …

Persistent link: https://www.econbiz.de/10014197817

How common is the common-ratio effect?

Blavatskyy, Pavlo; Panchenko, Valentyn; Ortmann, Andreas - In: Experimental economics : a journal of the Economic … 26 (2023) 2, pp. 253-272

Persistent link: https://www.econbiz.de/10014252505

Risk and ambiguous choices : individual versus groups, an experimental analysis

Aggarwal, Divya; Damodaran, Uday; Mohanty, Pitabas; … - In: Review of behavioral finance : RBF 14 (2022) 5, pp. 733-750

Persistent link: https://www.econbiz.de/10013453748

Experiments on Decisions under Risk: The Expected Utility Hypothesis

Schoemaker, Paul J. H. - 1980

Expected Utility Theory -- Alternative Descriptive Models -- A Positivistic Test of EU Theory -- An Experimental Study … of Insurance Decisons -- Statistical Knowledge and Gambling Decisions -- Risk Taking and Problem Context in the Domain of … undertaken regarding the descrip tive validity of expected utility theory as a model of choice under uncer tainty. His …

Persistent link: https://www.econbiz.de/10013521601

Preferences on discounting under time risk

De Donno, Marzia; Menegatti, Mario - In: Journal of mathematical economics 113 (2024), pp. 1-9

Persistent link: https://www.econbiz.de/10015071949

The Knowledge Ahead Approach to Risk : Theory and Experimental Evidence

Pope, Robin (contributor); Leitner, Johannes (contributor); … - 2007

This book is written for those seeking a decision theory appropriate for use in serious choices such as insurance. It … standard decision theories like expected utility or cumulative prospect theory. …This book is written for those seeking a decision theory appropriate for use in serious choices such as insurance. It …

Persistent link: https://www.econbiz.de/10013520645

Uncertainty and Risk : Mental, Formal, Experimental Representations

Abdellaoui, Mohammed; Luce, Robert Duncan; Machina, Mark J. - 2007

This book tries to sort out the different meanings of uncertainty and to discover their foundations. It shows that uncertainty can be represented using various tools and mental guidelines. Coverage also examines alternative ways to deal with risk and risk attitude concepts. Behavior under...

Persistent link: https://www.econbiz.de/10013520749

Uncertainty and risk : mental, formal, experimental representations

Abdellaoui, Mohammed (ed.) - 2007

Persistent link: https://www.econbiz.de/10003383977

Separating the effects of beliefs and attitudes on pricing under ambiguity

Li, Wenhui; Wilde, Christian - 2021

The pricing of an ambiguous asset, whose cash flow stream is uncertain, may be affected by three factors: the belief regarding the realization likelihood of cash flows, the subjective attitude towards risk, and the attitude towards ambiguity. While previous literature looks at the total price...

Persistent link: https://www.econbiz.de/10012485093

Individual choice from a convex lottery set : experimental evidence

Neugebauer, Tibor - In: Advances in decision making under risk and uncertainty, (pp. 121-135). 2008

Persistent link: https://www.econbiz.de/10003756356