Willingness-to-pay and willingness-to-accept for risky and ambiguous lotteries
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Publication:1907995
DOI10.1007/BF01207552zbMath0841.90048MaRDI QIDQ1907995
Martin Weber, Roselies Eisenberger
Publication date: 31 March 1996
Published in: Journal of Risk and Uncertainty (Search for Journal in Brave)
Microeconomic theory (price theory and economic markets) (91B24) Consumer behavior, demand theory (91B42)
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Cites Work
- Maxmin expected utility with non-unique prior
- Recent developments in modeling preferences: Uncertainty and ambiguity
- Risk, Ambiguity, and the Savage Axioms
- Subjective Probability and Expected Utility without Additivity
- Uncertainty Aversion, Risk Aversion, and the Optimal Choice of Portfolio
- A Simple Axiomatization of Nonadditive Expected Utility
