Aversion to risk of regret and preference for positively skewed risks

DOI10.1007/S00199-018-1154-4zbMath1457.91177OpenAlexW2547385335WikidataQ129247847 ScholiaQ129247847MaRDI QIDQ2218535

Christian Gollier

Publication date: 15 January 2021

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: http://publications.ut-capitole.fr/21962/1/regret_risk_aversion.pdf

zbMATH Keywords

prospect theoryprobability weightingrisk-seekingcertainty effectlongshot biaspossibility effectrejoicing-risk-seeking

Mathematics Subject Classification ID

Utility theory (91B16) Individual preferences (91B08)

Related Items (4)

Regret theory: a new foundation ⋮ Special issue: supermodularity and monotonicity in economics ⋮ A general theory of risk apportionment ⋮ A comparison of regret theory and salience theory for decisions under risk

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