On preference for simplicity and probability weighting

DOI10.1016/J.JET.2026.106225MaRDI QIDQ7320817zbMATH OpenFDO

Authors Lasse Mononen

Publication date 27 August 2026

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

Full work available at URL https://doi.org/10.1016/J.JET.2026.106225

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16)

Cites work

• A decision model based on expected utility, entropy and variance
• A measure of risk and a decision-making model based on expected utility and entropy
• A process approach to the utility for gambling
• An experimental test of reduction invariance
• Applications of entropy in finance: a review
• Causes of Allais common consequence paradoxes: an experimental dissection
• Concave/convex weighting and utility functions for risk: a new light on classical theorems
• Curvature of the Probability Weighting Function
• Functional Equations and Inequalities with Applications
• Generalized information functions
• scientific article; zbMATH DE number 41812 (Why is no real title available?)
• scientific article; zbMATH DE number 858900 (Why is no real title available?)
• scientific article; zbMATH DE number 3366923 (Why is no real title available?)
• Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine
• Lottery dependent utility: A reexamination
• Maxmin expected utility with non-unique prior
• On the Empirical Validity of Cumulative Prospect Theory: Experimental Evidence of Rank‐Independent Probability Weighting
• Parametric weighting functions
• Prospect Theory: An Analysis of Decision under Risk
• Reconsidering the common ratio effect: the roles of compound independence, reduction, and coalescing
• Regret, responsibility, and randomization: a theory of stochastic choice
• Remarks on ``a measure of risk and a decision-making model based on expected utility and entropy by \textit{J. Yang} and \textit{W. Qiu} [Eur. J. Oper. Res. 164, No. 3, 792--799 (2005; Zbl 1057.91020)]
• Risk Attitudes and Decision Weights
• The normalized expected utility -- entropy and variance model for decisions under risk
• The Probability Weighting Function
• The utility of gambling
• The utility of gambling reconsidered
• Theory of games and economic behavior.
• Utility of gambling. I: Entropy modified linear weighted utility
• Utility of gambling. II: Risk, paradoxes, and data

This page was built for publication: On preference for simplicity and probability weighting

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q7320817)