An explicit representation for disappointment aversion and other betweenness preferences

DOI10.3982/TE3440MaRDI QIDQ4992071zbMATH OpenFDO

Authors David Dillenberger, Pietro Ortoleva, Simone Cerreia-Vioglio

Publication date 7 June 2021

Published in Theoretical Economics (Search for Journal in Brave)

Copyright license Creative Commons Attribution-NonCommercial 4.0 International

Full work available at URL https://doi.org/10.3982/TE3440

zbMATH Keywords

betweennesscautious expected utilitydisappointment aversionnon-expected utilitystrategic rationalityutility representation

Mathematics Subject Classification ID

Individual preferences (91B08) Utility theory (91B16)

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Cited in

(7)

• Different notions of disappointment aversion
• Mixture independence foundations for expected utility
• Large compound lotteries
• Monotone additive statistics
• Expected utility without linearity: distinguishing between prospect theory and cumulative prospect theory
• Balancing acts
• Disappointment without prior expectation: a unifying perspective on decision under risk

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