Order preservation of PEST determined certainty equivalents: A test based on lotteries with a fixed preference strength

DOI10.1006/JMPS.2001.1380MaRDI QIDQ696948zbMATH OpenOpenAlexFDO

Authors Robert Sneddon

Publication date 12 September 2002

Published in Journal of Mathematical Psychology (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1006/jmps.2001.1380

zbMATH Keywords

lotterieschoice certaintyorder preservation

Mathematics Subject Classification ID

Social choice (91B14) Utility theory (91B16)

Recommendations

• “Lottery Equivalents”: Reduction of the Certainty Effect Problem in Utility Assessment
• "Preference Reversal" and the Observability of Preferences by Experimental Methods
• Empirical justification of the uncertain equivalence method
• ON CERTAINTY EFFECT IN EXPECTED UTILITY THEORY
• Joint receipt and certainty equivalents of gambles

Cites work

• scientific article; zbMATH DE number 3156726 (Why is no real title available?)
• scientific article; zbMATH DE number 1510510 (Why is no real title available?)
• Advances in prospect theory: cumulative representation of uncertainty
• Binary choice probabilities: on the varieties of stochastic transitivity

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