Skewness seeking: risk loving, optimism or overweighting of small probabilities?

DOI10.1007/s11238-014-9417-4zbMath1377.91052OpenAlexW2149456203MaRDI QIDQ2353573

José Mata, Thomas Åstebro, Luís Santos-Pinto

Publication date: 15 July 2015

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

Full work available at URL: http://doc.rero.ch/record/331442/files/11238_2014_Article_9417.pdf

zbMATH Keywords

laboratory experimentskewdecision making under risk

Mathematics Subject Classification ID

Utility theory (91B16) Experimental studies (91A90)

Related Items

Probability weighting and L-moments ⋮ Portfolio optimization using higher moments in an uncertain random environment ⋮ Moment Risks: Investment for Self and for a Firm ⋮ A second-generation disappointment aversion theory of decision making under risk ⋮ The case of ``Less is more: modelling risk-preference with expected downside risk ⋮ Central moments, stochastic dominance, moment rule, and diversification with an application

Cites Work

• Risk aversion elicitation: reconciling tractability and bias minimization
• Advances in prospect theory: cumulative representation of uncertainty
• Gamblers favor skewness, not risk: Further evidence from United States' lottery games
• Moment characterization of higher-order risk preferences
• The utility of gambling
• Psychological Expected Utility Theory and Anticipatory Feelings
• Exploring Higher Order Risk Effects
• Testing for Prudence and Skewness Seeking
• Prospect Theory
• Subjective Probability and Expected Utility without Additivity
• Prospect Theory: An Analysis of Decision under Risk
• The Probability Weighting Function
• Unnamed Item
• Unnamed Item
• Unnamed Item

This page was built for publication: Skewness seeking: risk loving, optimism or overweighting of small probabilities?