One-Switch Utility Functions and a Measure of Risk

DOI10.1287/mnsc.34.12.1416zbMath0665.90006OpenAlexW2107145185WikidataQ56429823 ScholiaQ56429823MaRDI QIDQ3818075

David E. Bell

Publication date: 1988

Published in: Management Science (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1287/mnsc.34.12.1416

zbMATH Keywords

expected utilitymeasure of riskchoices among gamblesfinancial gamblesone-switch discount functions

Mathematics Subject Classification ID

Utility theory (91B16)

Related Items (20)

Reconciling introspective utility with revealed preference: experimental arguments based on prospect theory ⋮ Stability of probability effects in utility elicitation ⋮ Modeling international investment decisions for financial holding companies ⋮ Preserving preference rankings under background risk ⋮ When Ross meets Bell: the linex utility function ⋮ Substituting one risk increase for another: a method for measuring risk aversion ⋮ Archimedean Utility Copulas with Polynomial Generating Functions ⋮ Comparative ross risk aversion in the presence of mean dependent risks ⋮ Risk-sensitive multiagent decision-theoretic planning based on MDP and one-switch utility functions ⋮ Compatibility of expected utility and \(\mu /\sigma\) approaches to risk for a class of non location-scale distributions ⋮ One-switch utility functions with annuity payments ⋮ Decreasing ross risk aversion: higher-order generalizations and implications ⋮ Information and preference reversals in lotteries ⋮ The Pearson system of utility functions ⋮ Ordinal One-Switch Utility Functions ⋮ Sumex utility functions ⋮ Relative risk-value models ⋮ Separating risk and return in the CAPM: A general utility-based model ⋮ Time horizon and the discount rate. ⋮ Risk-value models: restrictions and applications

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