Choices under ambiguity with familiar and unfamiliar outcomes

DOI10.1007/S11238-005-5682-6MaRDI QIDQ816095zbMATH OpenOpenAlexFDO

Authors Marcello Basili, Alain Chateauneuf, Fulvio Fontini

Publication date 20 February 2006

Published in Theory and Decision (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s11238-005-5682-6

Mathematics Subject Classification ID

Decision theory (91B06)

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Cites work

• Advances in prospect theory: cumulative representation of uncertainty
• Ambiguous games
• An axiomatization of cumulative prospect theory
• An axiomatization of cumulative prospect theory for decision under risk
• An experimental test of loss aversion
• Is probability weighting sensitive to the magnitude of consequences? An experimental investigation on losses
• Making descriptive use of prospect theory to improve the prescriptive use of expected utility
• Measuring the utility of losses by means of the tradeoff method
• Nash equilibrium under Knightian uncertainty: Breaking down backward induction
• Parameter-Free Elicitation of Utility and Probability Weighting Functions
• Probability weighting in choice under risk: An empirical test
• Prospect Theory: An Analysis of Decision under Risk
• Prospect theory: much ado about nothing?
• Risk Attitudes and Decision Weights
• The Predictive Utility of Generalized Expected Utility Theories
• The Probability Weighting Function
• The data of Levy and Levy (2002) ``Prospect theory: much ado about nothing? actually support prospect theory
• The risk-structure dependence effect: Experimenting with an eye to decision-aiding
• Violations of the betweenness axiom and nonlinearity in probability
• What determines the shape of the probability weighting function under uncertainty?

Cited in

(7)

• Risk perception and ambiguity in a quantile cumulative prospect theory
• scientific article; zbMATH DE number 764463 (Why is no real title available?)
• Robust portfolio optimization with a generalized expected utility model under ambiguity
• Extreme events and entropy: a multiple quantile utility model
• Newsvendor problem under complete uncertainty: a case of innovative products
• Competence effects for choices involving gains and losses
• Uncertainty in the traveler's dilemma

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