A Theory of Disappointment Aversion
From MaRDI portal
Publication:3974546
DOI10.2307/2938223zbMATH Open0744.90005OpenAlexW2037745646WikidataQ57256799 ScholiaQ57256799MaRDI QIDQ3974546FDOQ3974546
Publication date: 25 June 1992
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.2307/2938223
Recommendations
- Disappointment and Dynamic Consistency in Choice under Uncertainty
- A second-generation disappointment aversion theory of decision making under risk
- Disappointment in Decision Making Under Uncertainty
- Disappointment without prior expectation: a unifying perspective on decision under risk
- Expected utility with threshold disappointment sensitivity
expected utilityrisk aversionindependence axiomAllais Paradoxaxiomatic model of decision-making under uncertainty
Cited In (only showing first 100 items - show all)
- Estimating ambiguity aversion in a portfolio choice experiment
- Risk aversion in the small and in the large: Calibration results for betweenness functionals
- Disappointment in Decision Making Under Uncertainty
- Disappointment and Dynamic Consistency in Choice under Uncertainty
- A second-generation disappointment aversion theory of decision making under risk
- Risk attitudes in axiomatic decision theory: a conceptual perspective
- Dynamic consumption and portfolio choice under prospect theory
- Generalized disappointment models
- How complicated are betweenness preferences?
- Loss aversion and competition in Vickrey auctions: money ain't no good
- Existence and uniqueness of ordinal Nash outcomes
- A critical look at the Aumann-Serrano and Foster-Hart measures of riskiness
- Decomposable choice under uncertainty
- Nonparametric comparative revealed risk aversion
- Indistinguishability of small probabilities, subproportionality, and the common ratio effect
- A nonsmooth approach to nonexpected utility theory under risk
- An explicit representation for disappointment aversion and other betweenness preferences
- Bargaining and boldness
- Expected utility theory and inner and outer measures of loss aversion
- Optimal pricing strategy with disappointment‐aversion and elation‐seeking consumers: compared to price commitment
- Great expectations. II: Generalized expected utility as a universal decision rule
- Comparing risks with reference points: a stochastic dominance approach
- Dominated choices in a simple game with large stakes
- A tractable method to measure utility and loss aversion under prospect theory
- Robust control with commitment: a modification to Hansen-Sargent
- The Becker-deGroot-Marschak mechanism is not necessarily incentive compatible, even for non-random goods
- Optimal insurance under maxmin expected utility
- An axiomatization of the Goldstein-Einhorn weighting functions
- Correcting expected utility for comparisons between alternative outcomes: A unified parameterization of regret and disappointment
- All over the map: A worldwide comparison of risk preferences
- The possibility of speculative trade between dynamically consistent agents.
- The comonotonic sure-thing principle
- A theory of subjective compound lotteries
- The Nash bargaining solution for decision weight utility functions
- The ostrich effect: Selective attention to information
- Recent developments in modeling preferences: Uncertainty and ambiguity
- On the economic meaning of Machina's Fréchet differentiability assumption
- Expected return -- expected loss approach to optimal portfolio investment
- Anchored preference relations
- Differentiability, comparative statics, and non-expected utility preference
- Asymmetric gain-loss reference dependence and attitudes toward uncertainty
- Subjective probability under additive aggregation of conditional preferences
- An experimental test of reduction invariance
- Different frames for the independence axiom: An experimental investigation in individual decision making under risk
- Discriminating between preference functionals: A preliminary Monte Carlo study
- Violations of the betweenness axiom and nonlinearity in probability
- Disappointment without prior expectation: a unifying perspective on decision under risk
- The ordinal Nash social welfare function
- Robust portfolios: contributions from operations research and finance
- The influence of fear in decisions: experimental evidence
- Violations of betweenness or random errors?
- Great expectations. I: On the customizability of generalized expected utility
- A derivation of expected utilty maximization in the context of a game
- Lack of prevalence of the endowment effect: an equilibrium analysis
- Regret theory: a new foundation
- Dynamic beliefs
- Portfolio concentration, portfolio inertia, and ambiguous correlation
- Expectations, disappointment, and rank-dependent probability weighting
- Constant risk aversion
- Observing different orders of risk aversion
- Estimating individual and group preference functionals using experimental data
- Recall searching with and without recall
- Convex ordering for insurance preferences
- The optimal insurance under disappointment theories
- Rank- and sign-dependent linear utility models for binary gambles
- Compound invariance implies prospect theory for simple prospects
- Weighted utility theory with incomplete preferences
- Coherent odds and subjective probability
- Portfolio selection in multidimensional general and partial moment space
- Utility independence of multiattribute utility theory is equivalent to standard sequence invariance of conjoint measurement
- Credibilistic risk aversion
- The so-called expected utility theory is inadequate
- Risk-adjusted option-implied moments
- Value at risk and inventory control
- Price discrimination with loss averse consumers
- RECURSIVE AMBIGUITY AND MACHINA'S EXAMPLES
- First-order risk aversion and non-differentiability
- Which decision theory?
- Intertemporal incentives under loss aversion
- Managing anticipation and reference-dependent choice
- Towards a more precise decision framework. A separation of the negative utility of chance from diminishing marginal utility and the preference for safety
- Portfolios of value and momentum: disappointment aversion and non-normalities
- Monetary policy rules in a non-rational world: a macroeconomic experiment
- Delayed probabilistic risk attitude: a parametric approach
- On the difference between social and private goods
- On the robustness of indeterminacy in subjective probability
- Optimal stopping in a dynamic salience model
- Negative certainty independence without betweenness
- Foresight, risk attitude, and utility maximization in naturalistic sequential high-stakes decision making
- Recursive non-expected utility: connecting ambiguity attitudes to risk preferences and the level of ambiguity
- The development gap in economic rationality of future elites
- Differentiating roles of the reference alternative
- Violations of betweenness and choice shifts in groups
- Expectation-based loss aversion and strategic interaction
- Introducing disappointment dynamics and comparing behaviors in evolutionary games: some simulation results
- Preferences for the resolution of uncertainty and the timing of information
- Expected utility, independence, and continuity
- Satisfied two-sided matching: a method considering elation and disappointment of agents
- Risk attributes theory: Decision making under risk
- Expected utility with threshold disappointment sensitivity
This page was built for publication: A Theory of Disappointment Aversion
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q3974546)
