Market failure in light of non-expected utility

DOI10.1007/S11238-013-9377-0zbMATH Open1290.91044OpenAlexW3123249076MaRDI QIDQ2015029FDOQ2015029

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

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zbMATH Keywords

decision analysisprospect theorymarket for lemonsrank-dependent expected utilityutility-preference

Mathematics Subject Classification ID

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

Cites Work

• Title not available (Why is that?)
• The Dual Theory of Choice under Risk
• Risk and rationality: uncovering heterogeneity in probability distortion
• The Probability Weighting Function
• Advances in prospect theory: cumulative representation of uncertainty
• Parameter-Free Elicitation of Utility and Probability Weighting Functions
• Prospect Theory: An Analysis of Decision under Risk
• Ambiguity Aversion and Comparative Ignorance
• Violations of the betweenness axiom and nonlinearity in probability
• The Predictive Utility of Generalized Expected Utility Theories
• Curvature of the Probability Weighting Function
• Risk Attitudes and Decision Weights
• Options traders exhibit subadditive decision weights

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