Probabilistic dominance and status quo bias

DOI10.1016/J.GEB.2014.04.010MaRDI QIDQ485779zbMATH OpenOpenAlexFDO

Authors Gil Riella, Roee Teper

Publication date 14 January 2015

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.geb.2014.04.010

zbMATH Keywords

endowment effectstatus quo biascomparative status quo biashome biasprobabilistic dominance

Mathematics Subject Classification ID

Decision theory (91B06) Portfolio theory (91G10)

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Cites work

• scientific article; zbMATH DE number 3087284 (Why is no real title available?)
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• A Definition of Subjective Probability
• A canonical model of choice with initial endowments
• Anchored preference relations
• Choice by sequential procedures
• Choice problems with a `reference' point
• Efficient and non-deteriorating choice.
• Fear of the unknown: familiarity and economic decisions
• Justifiable preferences
• Knightian decision theory. I.
• Maxmin expected utility with non-unique prior
• Prospect Theory: An Analysis of Decision under Risk
• Rational choice with status quo bias
• Rationalization
• Reference-dependent subjective expected utility.
• Regret in Decision Making under Uncertainty
• Status quo bias, multiple priors and uncertainty aversion
• The power of suggestion: Inertia in \(401(k)\) participation and savings behavior
• Variational Bewley preferences

Cited in

(11)

• Welfare analysis when choice is status-quo biased
• Buridanic competition
• Asymmetric gain-loss reference dependence and attitudes toward uncertainty
• Status quo bias, multiple priors and uncertainty aversion
• Justifiable preferences
• Limited attention and status quo bias
• Variational Bewley preferences
• Rational choice with status quo bias
• A canonical model of choice with initial endowments
• Asymmetric dominance, deferral, and status quo bias in a behavioral model of choice
• Rational status quo

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