Market failure in light of non-expected utility

DOI10.1007/S11238-013-9377-0MaRDI QIDQ2015029zbMATH OpenOpenAlexFDO

Authors Eyal Baharad, Doron Kliger

Publication date 18 June 2014

Published in Theory and Decision (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s11238-013-9377-0

zbMATH Keywords

decision analysisprospect theorymarket for lemonsrank-dependent expected utilityutility-preference

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16)

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Cites work

• scientific article; zbMATH DE number 3106184 (Why is no real title available?)
• Advances in prospect theory: cumulative representation of uncertainty
• Ambiguity Aversion and Comparative Ignorance
• Curvature of the Probability Weighting Function
• Options traders exhibit subadditive decision weights
• Parameter-Free Elicitation of Utility and Probability Weighting Functions
• Prospect Theory: An Analysis of Decision under Risk
• Risk Attitudes and Decision Weights
• Risk and rationality: uncovering heterogeneity in probability distortion
• The Dual Theory of Choice under Risk
• The Predictive Utility of Generalized Expected Utility Theories
• The Probability Weighting Function
• Violations of the betweenness axiom and nonlinearity in probability

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