Utility analysis, luxuries and risk

DOI10.1016/J.ECONLET.2005.12.025zbMATH Open1254.91341OpenAlexW2014907384MaRDI QIDQ1929124FDOQ1929124

Authors: Stephen Diacon 

Publication date: 7 January 2013

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2005.12.025

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zbMATH Keywords

utilityrisk aversionpreferencesluxuries

Mathematics Subject Classification ID

Utility theory (91B16) Consumer behavior, demand theory (91B42) Experimental studies (91A90)

Cites Work

• Advances in prospect theory: cumulative representation of uncertainty
• Prospect Theory: An Analysis of Decision under Risk
• Testing for risk aversion: A stochastic dominance approach
• Risk Aversion and Consumer Preferences

Cited In (3)

• Is wealth accumulation a luxury good?
• Fixed cost of work and the demand for lotteries
• Expected utility and catastrophic consumption risk

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