scientific article; zbMATH DE number 773969

MaRDI QIDQ4839015zbMATH OpenFDO

Authors Hein Fennema, Peter P. Wakker

Publication date 23 November 1995

zbMATH Keywords

loss aversionS-shaped weighting functionscale compatibility

Mathematics Subject Classification ID

Utility theory (91B16)

Recommendations

• Rank- and sign-dependent linear utility models for binary gambles
• On lottery sales, jackpot sizes and irrationality: a cautionary note
• Lottery Dependent Utility
• Lotteries, insurance, and star-shaped utility functions
• Lottery decisions and probability weighting function

Cited in

(7)

• How many lottery tickets to buy?
• Gamblers favor skewness, not risk: Further evidence from United States' lottery games
• A note on ex-ante stable lotteries
• Heterogeneous agents and the implications of the Markowitz model of utility for multi-prize lottery tickets
• Finding good bets in the lottery, and why you shouldn't take them
• How lotteries outperform auctions
• On lottery sales, jackpot sizes and irrationality: a cautionary note

This page was built for publication:

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q4839015)