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Approximate expected utility rationalization

Echenique, Federico; Imai, Taisuke; Saito, Kota - 2018

deviation (in beliefs, utility, or perceived prices) is within e of expected utility theory. The number e can then be used as a … distance to the theory. We apply our methodology to three recent large-scale experiments. Many subjects in those experiments …

Persistent link: https://www.econbiz.de/10011931433

A general criterion of choice, with discussion of Borch paradox

Frosini, Benito V. - In: Theoretical economics letters 4 (2014) 8, pp. 691-696

Persistent link: https://www.econbiz.de/10010531280

Estimating risk preferences in the presence of bifrucated wealth dynamics : can we identify static risk aversion amidst dynamic risk responses?

Lybbert, Travis J.; Just, David; Barrett, Christopher B. - In: European review of agricultural economics : ERAE 40 (2013) 2, pp. 361-377

Persistent link: https://www.econbiz.de/10009734026

Portfolio behaviour of commercial banks : the expected utility approach : evidence from Jordan

Al-Tarawneh, Alaaeddin; Khataybeh, Mohmmad - In: International journal of economics and financial issues … 5 (2015) 2, pp. 312-323

Persistent link: https://www.econbiz.de/10011453501

Dynamic consistent alpha-maxim expected utility

Beißner, Patrick; Lin, Qian - 2015

We establish a class of fully nonlinear conditional expectations. Similarly to the usage of linear expectations when a probabilistic description of uncertainty is present, we observe analogue quantitative and qualitative properties. The type of nonlinearity captures the agents sentiments of...

Persistent link: https://www.econbiz.de/10010477162