The utility of gambling
From MaRDI portal
Publication:2367586
DOI10.1007/BF01072614zbMath0775.90033OpenAlexW4241046520MaRDI QIDQ2367586
Publication date: 2 September 1993
Published in: Journal of Risk and Uncertainty (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1007/bf01072614
Related Items
Misunderstanding of the binomial distribution, market inefficiency, and learning behavior: evidence from an exotic sports betting market, Estimating risk preferences of bettors with different bet sizes, Utility of gambling. I: Entropy modified linear weighted utility, Utility of gambling. II: Risk, paradoxes, and data, A second-generation disappointment aversion theory of decision making under risk, Lowest unique bid auctions with population uncertainty, From Aggregate Betting Data to Individual Risk Preferences, Skewness seeking: risk loving, optimism or overweighting of small probabilities?
Cites Work
- Several possible measures of risk
- Preference and belief: ambibiguity and competence in choice under uncertainty
- An axiomatic theory of conjoint, expected risk
- A simple model for the utility of gambling
- The role of insurance and gambling in allocating risk over time
- A theory of risk
- Lotteries, insurance, and star-shaped utility functions
- The Framing of Decisions and the Psychology of Choice
- An Expected Utility Function for the Insurance Buying Gambler
- Collusion in Multiproduct Oligopoly Games under a Finite Horizon
- "Expected Utility" Analysis without the Independence Axiom
- Sources of Bias in Assessment Procedures for Utility Functions
- Prospect Theory: An Analysis of Decision under Risk
- Friedman-Savage Utility Functions Consistent with Risk Aversion
- Alternative Approaches to the Theory of Choice in Risk-Taking Situations
- Probability, Utility, and the Independence Axiom