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

DOI10.1007/S11238-014-9417-4MaRDI QIDQ2353573zbMATH OpenOpenAlexFDO

Authors Thomas Åstebro, José Mata, 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

decision making under risklaboratory experimentskew

Mathematics Subject Classification ID

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

Recommendations

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Cites work

• Advances in prospect theory: cumulative representation of uncertainty
• Exploring higher order risk effects
• Gamblers favor skewness, not risk: Further evidence from United States' lottery games
• scientific article; zbMATH DE number 3152611 (Why is no real title available?)
• scientific article; zbMATH DE number 1405569 (Why is no real title available?)
• scientific article; zbMATH DE number 3204183 (Why is no real title available?)
• Moment characterization of higher-order risk preferences
• Prospect theory. For risk and ambiguity.
• Prospect Theory: An Analysis of Decision under Risk
• Psychological expected utility theory and anticipatory feelings
• Risk aversion elicitation: reconciling tractability and bias minimization
• Subjective Probability and Expected Utility without Additivity
• Testing for prudence and skewness seeking
• The Probability Weighting Function
• The utility of gambling

Cited in

(15)

• Gamblers favor skewness, not risk: Further evidence from United States' lottery games
• The case of ``Less is more: modelling risk-preference with expected downside risk
• Central moments, stochastic dominance, moment rule, and diversification with an application
• Skewed noise
• Testing for prudence and skewness seeking
• Probability weighting and L-moments
• Moment Risks: Investment for Self and for a Firm
• Portfolio optimization using higher moments in an uncertain random environment
• On skew preference or non-skew preference of a CPT DM revealed in lottery choices with three payoffs
• Increases in skewness and three-moment preferences
• Skewness preferences: evidence from online poker
• A second-generation disappointment aversion theory of decision making under risk
• Structural estimation of higher order risk preferences
• Pricing skewed assets in multi-asset experimental markets
• Risk-aversion versus risk-loving preferences in nonparametric frontier-based fund ratings: a buy-and-hold backtesting strategy

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