Reference-dependent utility with shifting reference points and incomplete preferences

DOI10.1016/j.jmp.2007.04.003zbMath1132.91367MaRDI QIDQ2471261

Han Bleichrodt

Publication date: 22 February 2008

Published in: Journal of Mathematical Psychology (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jmp.2007.04.003

zbMATH Keywords

prospect theory; incompleteness; tradeoff consistency; reference-dependence; additive utility

Mathematics Subject Classification ID

91B06: Decision theory

91B08: Individual preferences

Related Items

Asymmetric dominance, deferral, and status quo bias in a behavioral model of choice, Risk pricing in a non-expected utility framework, Variable preference relations: existence of maximal elements, Money matters: an axiomatic theory of the endowment effect, Subjective expected utility without preferences, Coordination after gains and losses: is prospect theory's value function predictive for games?, Reference-dependent expected utility with incomplete preferences, On probabilities and loss aversion, A theory of reference-dependent behavior, Aspirations as reference points: an experimental investigation of risk behavior over time, A preference foundation for constant loss aversion, Common consequence effects in pricing and choice, Koopmans' constant discounting for intertemporal choice: A simplification and a generalization

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