Optimal stopping in a dynamic salience model

DOI10.1111/IERE.12681MaRDI QIDQ6572253zbMATH OpenFDO

Authors Markus Dertwinkel-Kalt, Jonas Frey

Publication date 15 July 2024

Published in International Economic Review (Search for Journal in Brave)

Copyright license Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International

Mathematics Subject Classification ID

Decision theory (91B06) Stopping times; optimal stopping problems; gambling theory (60G40)

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Cites work

• A Theory of Disappointment Aversion
• Advances in prospect theory: cumulative representation of uncertainty
• Behaviorally consistent optimal stopping rules
• Cautious Expected Utility and the Certainty Effect
• General stopping behaviors of naïve and noncommitted sophisticated agents, with application to probability distortion
• Optimal exit time from casino gambling: strategies of precommitted and naive gamblers
• Optimal stopping under probability distortion
• Probability weighting, stop-loss and the disposition effect
• Prospect Theory: An Analysis of Decision under Risk
• Randomized strategies and prospect theory in a dynamic context
• Salience theory of choice under risk

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