A microeconometric test of alternative stochastic theories of risky choice
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Publication:1349047
DOI10.1023/A:1014094209265zbMATH Open1051.91046OpenAlexW2095919822MaRDI QIDQ1349047FDOQ1349047
Authors: Graham Loomes, Peter G. Moffatt, Robert Sugden 
Publication date: 21 May 2002
Published in: Journal of Risk and Uncertainty (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1023/a:1014094209265
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Cited In (65)
- Behavioral premium principles
- Comparative statics in an ordinal theory of choice under risk
- The beta stochastic utility (\(\beta\)-SU)
- Rational expectation of mistakes and a measure of error-proneness
- Irresolute choice behavior
- Multiple-switching behavior in choice-list elicitation of risk preference
- Empirical underidentification in estimating random utility models: The role of choice sets and standardizations
- A model of discrete choice based on reinforcement learning under short-term memory
- A resolution of St. Petersburg paradox
- When Risk Perception Gets in the Way: Probability Weighting and Underprevention
- European option pricing under cumulative prospect theory with constant relative sensitivity probability weighting functions
- A stochastic model for assessing the utility of chance
- Empirical tests of stochastic binary choice models
- A second-generation disappointment aversion theory of decision making under risk
- Perceived hazard and product choice: An application to recreational site choice
- A Tailor-Made Test of Intransitive Choice
- Stochastic choice and consistency in decision making under risk: An experimental study
- Why do people prefer randomisation? An experimental investigation
- Consistent inconsistencies? Evidence from decision under risk
- Foresight, risk attitude, and utility maximization in naturalistic sequential high-stakes decision making
- Cumulative prospect theory's functional menagerie
- Dominated choices in a simple game with large stakes
- The effect of the background risk in a simple chance improving decision model
- Reconciling introspective utility with revealed preference: experimental arguments based on prospect theory
- Stochastic choice and the allocation of cognitive effort
- Investigating risky choices over losses using experimental data
- Incomplete risk attitudes and random choice behavior: an elicitation mechanism
- `Stochastically more risk averse': a contextual theory of stochastic discrete choice under risk
- A comparison of five models that predict violations of first-order stochastic dominance in risky decision making
- Modelling the stochastic component of behaviour in experiments: Some issues for the interpretation of data
- Third-generation prospect theory
- Models of risky choice: a state-trace and signed difference analysis
- Stochastic expected utility theory
- Mixture models of choice under risk
- Stability of risk preferences and the reflection effect of prospect theory
- The experimetrics of public goods: inferring motivations from contributions
- Individual differences in the algebraic structure of preferences
- The attraction effect and its explanations
- Cardinal versus ordinal criteria in choice under risk with disconnected utility ranges
- Changing the probability versus changing the reward
- Why we should not be silent about noise
- Reference-dependent subjective expected utility.
- Does learning diminish violations of independence, coalescing and monotonicity?
- Stochastic models for risky choices: a comparison of different axiomatizations
- Modeling viewpoint shifts in probabilistic choice
- Learning in the Allais paradox
- Probabilistic choice and stochastic dominance
- A refinement of logit quantal response equilibrium
- Testing theories of choice under risk: Estimation of individual functionals
- Cognitive imprecision and small-stakes risk aversion
- Stochastic utility theorem
- Risk behavior for gain, loss, and mixed prospects
- Experience in public goods experiments
- Loss averse behavior
- Evaluating decision maker ``type under \(p\)-additive utility representations
- Noise and bias in eliciting preferences
- Risk attitude under random utility
- A Measurement Error Approach for Modeling Consumer Risk Preference
- The econometric modelling of social preferences
- Towards a general class of parametric probability weighting functions
- Learning from mistakes: What do inconsistent choices over risk tell us?
- Stronger utility
- Within- versus between-country differences in risk attitudes: implications for cultural comparisons
- Leading the field: fortune favors the bold in Thurstonian choice models
- Which decision theory?
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