Comparative statics and non-expected utility preferences

DOI10.1016/0022-0531(89)90025-2zbMath0683.90010OpenAlexW2011794294MaRDI QIDQ1825102

Machina, Mark J.

Publication date: 1989

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

Full work available at URL: https://doi.org/10.1016/0022-0531(89)90025-2

zbMATH Keywords

expected utilitynon-expected utility preferences

Mathematics Subject Classification ID

Utility theory (91B16)

Related Items (18)

First-order risk aversion and non-differentiability ⋮ Observing different orders of risk aversion ⋮ The preservation of multivariate comparative statics in nonexpected utility theory ⋮ Economic choice in generalized expected utility theory ⋮ On the precautionary motive for savings and prudence in the rank-dependent utility framework ⋮ Decisions under risk and uncertainty: A survey of recent developments ⋮ Increases in risk aversion and the distribution of portfolio payoffs ⋮ Core of convex distortions of a probability. ⋮ Comparative statics tests between decision models under risk ⋮ Higher-order generalizations of Arrow-Pratt and Ross risk aversion: a comparative statics approach ⋮ Comparative statics for rank-dependent expected utility theory ⋮ Differentiability, comparative statics, and non-expected utility preference ⋮ On the statistical foundations of nonlinear utility theory: the case of status quo-dependent preferences. ⋮ Equilibrium without independence ⋮ Production under uncertainty and choice under uncertainty in the emergence of generalized expected utility theory ⋮ Necessary conditions for comparative statics under uncertainty ⋮ Comparative statics derivatives with nonlinear preferences ⋮ Comparative statics in an ordinal theory of choice under risk

Cites Work

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