Probabilistic choice and stochastic dominance

DOI10.1007/S00199-010-0581-7zbMATH Open1258.91056OpenAlexW3124908516MaRDI QIDQ420975FDOQ420975

Authors: Pavlo R. Blavatskyy 

Publication date: 23 May 2012

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: http://www.econ.uzh.ch/static/wp_iew/iewwp364.pdf

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zbMATH Keywords

first-order stochastic dominanceriskexpected utility theoryrandom utility modelprobabilistic choice

Mathematics Subject Classification ID

Utility theory (91B16)

Cites Work

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Cited In (31)

• Success probability of the Hellman trade-off
• Gradual pairwise comparison and stochastic choice
• A stochastic model for assessing the utility of chance
• Partially dominant choice
• Dominated choices in a simple game with large stakes
• Stochastic dominance in an ordinal world
• A probabilistic dominance measure for binary choices: Analytic aspects of a multi-attribute random weights model
• Probabilistic subjective expected utility
• `Stochastically more risk averse': a contextual theory of stochastic discrete choice under risk
• Stochastic expected utility theory
• Fechner's strong utility model for choice among \(n > 2\) alternatives: risky lotteries, savage acts, and intertemporal payoffs
• The beta stochastic utility (\(\beta\)-SU)
• Anticipated stochastic choice
• Random binary choices that satisfy stochastic betweenness
• Stochastic models for risky choices: a comparison of different axiomatizations
• Probability weighting and L-moments
• Stochastic choice with deterministic preferences:
• Theory of decisions by intra-dimensional comparisons
• Axiomatization of stochastic models for choice under uncertainty
• Preference reversals and probabilistic decisions
• Probabilistic intertemporal choice
• Stochastic utility theorem
• Uncertainty and binary stochastic choice
• Axiomatizing bounded rationality: the priority heuristic
• Sure things - dominance and independence rules for choice under uncertainty
• Stochastic expected utility for binary choice: a `modular' axiomatic foundation
• A model of probabilistic choice satisfying first-order stochastic dominance
• Probabilistic choice and procedurally bounded rationality
• Probabilistic choice (models) as a result of balancing multiple goals
• Leading the field: fortune favors the bold in Thurstonian choice models
• Which decision theory?

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