Risk preferences and development revisited

DOI10.1007/S11238-018-9674-8MaRDI QIDQ2633434zbMATH OpenOpenAlexWikidataFDO

Authors Ferdinand M. Vieider, Peter Martinsson, Pham Khanh Nam, Nghi Truong

Publication date 8 May 2019

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

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.1007/s11238-018-9674-8

zbMATH Keywords

developmentprospect theoryrisk preferences

Mathematics Subject Classification ID

Individual preferences (91B08) Utility theory (91B16) Stochastic models in economics (91B70)

Recommendations

• Cognitive ability and risk preferences in a developing nation: findings from the field
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Cites work

• A parametric analysis of prospect theory's functionals for the general population
• Advances in prospect theory: cumulative representation of uncertainty
• All over the map: A worldwide comparison of risk preferences
• An index of loss aversion
• Discrete Choice Methods with Simulation
• Estimating risk attitudes using lotteries: a large sample approach
• Individual-level loss aversion in riskless and risky choices
• Investigating Generalizations of Expected Utility Theory Using Experimental Data
• Linear cumulative prospect theory with applications to portfolio selection and insurance demand
• Measuring the time stability of prospect theory preferences
• Prospect theory. For risk and ambiguity.
• Prospect Theory: An Analysis of Decision under Risk
• Reference-dependent subjective expected utility.
• Risk and rationality: uncovering heterogeneity in probability distortion
• Risk Attitudes and Decision Weights
• The Dual Theory of Choice under Risk
• The Probability Weighting Function

Cited in

(9)

• Schooling and small stakes risk aversion: insights from a rural-poor community
• The evolution of risk attitudes with fertility thresholds
• Poverty and economic decision making: a review of scarcity theory
• Probability weighting for losses and for gains among smallholder farmers in Uganda
• Cognitive ability and risk preferences in a developing nation: findings from the field
• Within- versus between-country differences in risk attitudes: implications for cultural comparisons
• Heterogeneity and risk sharing in village economies
• The development gap in economic rationality of future elites
• Real option value and poverty trap

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