On a derivation of the Goldstein-Einhorn probability weighting functions

DOI10.1007/S00010-020-00704-7MaRDI QIDQ785652zbMATH OpenOpenAlexWikidataFDO

Authors Jacek Chudziak

Publication date 7 August 2020

Published in Aequationes Mathematicae (Search for Journal in Brave)

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.1007/s00010-020-00704-7

zbMATH Keywords

Goldstein-Einhorn functionsindifference pricingpositive homogeneityprobability weighting functionutility representation

Mathematics Subject Classification ID

Functional equations for real functions (39B22) Utility theory (91B16)

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Cites work

• A behavioral condition for Prelec's weighting function on the positive line without assuming W(1)=1
• A simple derivation of Prelec's probability weighting function
• Advances in prospect theory: cumulative representation of uncertainty
• An introduction to the theory of functional equations and inequalities. Cauchy's equation and Jensen's inequality. Edited by Attila Gilányi
• Curvature of the Probability Weighting Function
• scientific article; zbMATH DE number 3288322 (Why is no real title available?)
• Pexider's equation and aggregation of allocations
• Reduction invariance and Prelec's weighting functions
• Risk Aversion in the Small and in the Large
• Stochastic finance. An introduction in discrete time
• The Probability Weighting Function
• Using logarithmic derivative functions for assessing the risky weighting function for binary gambles

Cited in

(3)

• An axiomatization of the Goldstein-Einhorn weighting functions
• scientific article; zbMATH DE number 6001262 (Why is no real title available?)
• A note on the shape of the probability weighting function

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