Efficient sets with and without the expected utility hypothesis

DOI10.1016/0304-4068(88)90018-3zbMath0663.90008WikidataQ57928077 ScholiaQ57928077MaRDI QIDQ1115328

Itzhak Zilcha, Zvi Safra

Publication date: 1988

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

Full work available at URL: https://doi.org/10.1016/0304-4068(88)90018-3

zbMATH Keywords

risk aversion; limited-coverage insurance policies; non-expected utility decision makers

Mathematics Subject Classification ID

91B06: Decision theory

91B16: Utility theory

Related Items

Increasing uncertainty: a definition, Efficient sets with and without the expected utility hypothesis. A generalization, Risk seeking with diminishing marginal utility in a non-expected utility model, Time and risk, Existence and uniqueness of ordinal Nash outcomes, Are generalized call-spreads efficient?

Cites Work

• Efficient random variables
• A Generalization of the Quasilinear Mean with Applications to the Measurement of Income Inequality and Decision Theory Resolving the Allais Paradox
• "Expected Utility" Analysis without the Independence Axiom
• Portfolio Efficient Sets
• Optimal insurance and generalized deductibles
• A Price Characterization of Efficient Random Variables
• "Preference Reversal" and the Observability of Preferences by Experimental Methods
• The Dual Theory of Choice under Risk
• On the Existence of an Optimal Plan in a Continuous-Time Allocation Process