Utility of a quarter-million

DOI10.1016/J.ECONLET.2012.08.011MaRDI QIDQ2440422zbMATH OpenOpenAlexFDO

Authors Pavlo R. Blavatskyy

Publication date 18 March 2014

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2012.08.011

zbMATH Keywords

Bernoulli utility functionexpected utility theoryMarkowitz utilityrisk aversionTaylor expansion

Mathematics Subject Classification ID

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

Recommendations

• Utility theory and deal or no deal
• “Lottery Equivalents”: Reduction of the Certainty Effect Problem in Utility Assessment
• Parameter-Free Elicitation of Utility and Probability Weighting Functions
• Equal tails: a simple method to elicit utility under violations of expected utility
• Eliciting von Neumann-Morgenstern Utilities When Probabilities Are Distorted or Unknown

Cites work

• Eliciting von Neumann-Morgenstern Utilities When Probabilities Are Distorted or Unknown
• Error propagation in the elicitation of utility and probability weighting functions
• Investigating Generalizations of Expected Utility Theory Using Experimental Data
• Parameter-Free Elicitation of Utility and Probability Weighting Functions
• Reconciling introspective utility with revealed preference: experimental arguments based on prospect theory
• Risk aversion when gains are likely and unlikely: Evidence from a natural experiment with large stakes
• Stochastic utility theorem

Cited in

(1)

• Utility theory and deal or no deal

This page was built for publication: Utility of a quarter-million

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2440422)