Correlation Made Simple: Applications to Salience and Regret Theory

DOI10.1093/QJE/QJAB041MaRDI QIDQ5095609zbMATH OpenOpenAlexFDO

Authors Giacomo Lanzani

Publication date 10 August 2022

Published in The Quarterly Journal of Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1093/qje/qjab041

Mathematics Subject Classification ID

Decision theory (91B06) Individual preferences (91B08)

Recommendations

• A comparison of regret theory and salience theory for decisions under risk
• Some consequences of correlation aversion in decision science
• A critical note on salience theory of choice under risk
• Utility correlations in probabilistic choice modelling
• An econometric analysis of salience theory
• Correlation neglect, incentives, and welfare
• Multiattribute regret: theory and experimental study
• Salience theory of choice under risk
• Correcting expected utility for comparisons between alternative outcomes: A unified parameterization of regret and disappointment

Cited in

(6)

• Positively correlated choice
• Context-sensitive rationality: choice by salience
• An econometric analysis of salience theory
• Standardized covariance. A measure of association, similarity and co-riskiness between choice options
• A comparison of regret theory and salience theory for decisions under risk
• Money-metrics in local welfare analysis: Pareto improvements and equity considerations

This page was built for publication: Correlation Made Simple: Applications to Salience and Regret Theory

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q5095609)