Parametric weighting functions
From MaRDI portal
Publication:1017784
DOI10.1016/j.jet.2008.10.004zbMath1159.91361OpenAlexW2100667036WikidataQ58318725 ScholiaQ58318725MaRDI QIDQ1017784
Horst Zank, Ulrich Schmidt, Enrico Diecidue
Publication date: 12 May 2009
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.jet.2008.10.004
Related Items
Preference under risk in the presence of indistinguishable probabilities, Introduction to the special issue in honor of Peter Wakker, Piecewise linear rank-dependent utility, Cumulative weighting optimization, A rank-dependent utility model of uncertain lifetime, An axiomatization of the Goldstein-Einhorn weighting functions, Generalized finite difference method for three-dimensional eigenproblems of Helmholtz equation, Consistent probability attitudes, The two faces of independence: betweenness and homotheticity, Long-term dynamic asset allocation under asymmetric risk preferences, Bilateral risk sharing in a comonotone market with rank-dependent utilities, Mixture independence foundations for expected utility, Pricing insurance contracts under cumulative prospect theory, Separating curvature and elevation: a parametric probability weighting function, A contextual range-dependent model for choice under risk, Using logarithmic derivative functions for assessing the risky weighting function for binary gambles, European option pricing under cumulative prospect theory with constant relative sensitivity probability weighting functions, Accounting for optimism and pessimism in expected utility, Optimal lottery, Risk behavior for gain, loss, and mixed prospects, An experimental test of reduction invariance, Assessing risky weighting functions for positive and negative binary gambles using the logarithmic derivative function, Probability weighting and the `level' and `spacing' of outcomes: an experimental study over losses, A revealed reference point for prospect theory, Delayed probabilistic risk attitude: a parametric approach, Behavioral premium principles, An extension of quasi-hyperbolic discounting to continuous time, A distribution-free, Bayesian goodness-of-fit method for assessing similar scientific prediction equations
Cites Work
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Independence properties vis-à-vis several utility representations
- Cumulative prospect theory's functional menagerie
- A simple derivation of Prelec's probability weighting function
- A behavioral condition for Prelec's weighting function on the positive line without assuming \(W(1)=1\)
- Risk aversion in the theory of expected utility with rank dependent probabilities
- Rank- and sign-dependent linear utility models for finite first-order gambles
- Advances in prospect theory: cumulative representation of uncertainty
- Additive representations on rank-ordered sets. II: The topological approach
- Constant risk aversion
- Testing descriptive utility theories: Violations of stochastic dominance and cumulative independence
- Separating marginal utility and probabilistic risk aversion
- From local to global additive representation
- Violations of the betweenness axiom and nonlinearity in probability
- Risk seeking with diminishing marginal utility in a non-expected utility model
- Comonotonic independence: The critical test between classical and rank- dependent utility theories
- Rank dependent utility for arbitrary consequence spaces
- Reduction invariance and Prelec's weighting functions
- Four notions of mean-preserving increase in risk, risk attitudes and applications to the rank-dependent expected utility model
- Is probability weighting sensitive to the magnitude of consequences? An experimental investigation on losses
- Causes of Allais common consequence paradoxes: an experimental dissection
- A theory of ratio magnitude estimation
- Cumulative Prospect Theory for Parametric and Multiattribute Utilities
- Parameter-Free Elicitation of Utility and Probability Weighting Functions
- What Determines the Shape of the Probability Weighting Function Under Uncertainty?
- Choice-Based Elicitation and Decomposition of Decision Weights for Gains and Losses Under Uncertainty
- Disappointment in Decision Making Under Uncertainty
- Investigating Generalizations of Expected Utility Theory Using Experimental Data
- Curvature of the Probability Weighting Function
- The Probability Weighting Function
- Testing and Characterizing Properties of Nonadditive Measures Through Violations of the Sure-Thing Principle
- The Dual Theory of Choice under Risk
- Risk Attitudes and Decision Weights
- A Genuine Rank-Dependent Generalization of the Von Neumann-Morgenstern Expected Utility Theorem
- Risk, Ambiguity, and the Separation of Utility and Beliefs
- Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine
