A simple test of expected utility theory using professional traders

DOI10.1073/PNAS.0408022101zbMath1112.91326OpenAlexW2085917309WikidataQ33756709 ScholiaQ33756709MaRDI QIDQ5293350

John A. List, Michael S. Haigh

Publication date: 30 June 2007

Published in: Proceedings of the National Academy of Sciences (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1073/pnas.0408022101

Mathematics Subject Classification ID

Utility theory (91B16)

Related Items (5)

Imperfect memory and choice under risk ⋮ Social motives and risk-taking in investment decisions ⋮ Do people maximize quantiles? ⋮ The expo-power value function as a candidate for the work-horse specification in parametric versions of cumulative prospect theory ⋮ Asymmetry of Risk and Value of Information

Cites Work

• The Framing of Decisions and the Psychology of Choice
• "Expected Utility" Analysis without the Independence Axiom
• Testing New Theories of Choice under Uncertainty using the Common Consequence Effect
• Does Market Experience Eliminate Market Anomalies?
• The Dual Theory of Choice under Risk
• Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine
• Exposition of a New Theory on the Measurement of Risk

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