Compound invariance implies prospect theory for simple prospects

DOI10.1016/j.jmp.2013.04.002zbMath1284.91114MaRDI QIDQ2437250

Han Bleichrodt, Drazen Prelec, Amit Kothiyal, Peter P. Wakker

Publication date: 3 March 2014

Published in: Journal of Mathematical Psychology (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/1721.1/99122

zbMATH Keywords

prospect theory; hyperbolic discounting; discounted utility; compound invariance; hexagon condition

Mathematics Subject Classification ID

91B06: Decision theory

91E45: Measurement and performance in psychology

Related Items

An experimental test of reduction invariance, An extension of quasi-hyperbolic discounting to continuous time

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