Cumulative prospect theory's functional menagerie
From MaRDI portal
Publication:867443
DOI10.1007/S11166-006-8289-6zbMATH Open1281.91072OpenAlexW1993989686WikidataQ125728508 ScholiaQ125728508MaRDI QIDQ867443FDOQ867443
Authors: Henry P. Stott 
Publication date: 15 February 2007
Published in: Journal of Risk and Uncertainty (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1007/s11166-006-8289-6
Recommendations
- Advances in prospect theory: cumulative representation of uncertainty
- A further examination of cumulative prospect theory parameterizations
- Advances in prospect theory: cumulative representation of uncertainty
- The expo-power value function as a candidate for the work-horse specification in parametric versions of cumulative prospect theory
- An axiomatization of cumulative prospect theory
Cites Work
- Bayesian model averaging: A tutorial. (with comments and a rejoinder).
- Title not available (Why is that?)
- Title not available (Why is that?)
- Model Selection and Multimodel Inference
- The Dual Theory of Choice under Risk
- Investigating Generalizations of Expected Utility Theory Using Experimental Data
- The Probability Weighting Function
- Advances in prospect theory: cumulative representation of uncertainty
- Parameter-Free Elicitation of Utility and Probability Weighting Functions
- Choice-Based Elicitation and Decomposition of Decision Weights for Gains and Losses Under Uncertainty
- Ambiguity Aversion and Comparative Ignorance
- An axiomatization of cumulative prospect theory
- A microeconometric test of alternative stochastic theories of risky choice
- Utility functions for wealth
- Stochastic Choice and Cardinal Utility
- Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine
- Violations of the betweenness axiom and nonlinearity in probability
- The effects of financial incentives in experiments: A review and capital-labor-production framework. (With commentaries)
- The Predictive Utility of Generalized Expected Utility Theories
- Curvature of the Probability Weighting Function
- Title not available (Why is that?)
- Model selection based on minimum description length
- The importance of complexity in model selection
- Risk, Return, and Utility
- Testing theories of choice under risk: Estimation of individual functionals
- Generalized expected utility, heteroscedastic error, and path dependence in risky choice
- Rank- and sign-dependent linear utility models for binary gambles
- Maximum likelihood identification of Gaussian autoregressive moving average models
- Comonotonic independence: The critical test between classical and rank- dependent utility theories
- Investigation of stochastic preference theory using experimental data
- Just who are you calling risk averse?
- Reduction invariance and Prelec's weighting functions
- Anticipated utility: A measure representation approach
- Measuring the utility of losses by means of the tradeoff method
- Strong one-switch utility
- Rank- and sign-dependent linear utility models for finite first-order gambles
- Reasons for rank-dependent utility evaluation
- A note on deriving rank-dependent utility using additive joint receipts
- Violations of the independence axiom in common ratio problems: An experimental test of some competing hypotheses
- An experimental test of a general class of utility models: Evidence for context dependency
- Which error story is best?
- Discriminating between preference functionals: A preliminary Monte Carlo study
- A Contextual Uncertainty Condition for Behavior Under Risk
Cited In (60)
- Collective Choice May Tell Nothing About Anyone’s Individual Preferences
- Optimizing hedonic editing for multiple outcomes: an algorithm
- Editorial: Risky time prospects and travel demand
- Risk aversion in travel mode choice with rank-dependent utility
- All at once! A comprehensive and tractable semi-parametric method to elicit prospect theory components
- Mixture independence foundations for expected utility
- Volatility-dependent probability weighting and the dynamics of the pricing kernel puzzle
- Empirical underidentification in estimating random utility models: The role of choice sets and standardizations
- Comparing attitudes toward time and toward money in experience-based decisions
- Delayed probabilistic risk attitude: a parametric approach
- Violations of coalescing in parametric utility measurement
- On lottery sales, jackpot sizes and irrationality: a cautionary note
- \textsc{QTest} 2.1: quantitative testing of theories of binary choice using Bayesian inference
- Analyzing test-taking behavior: decision theory meets psychometric theory
- A Tailor-Made Test of Intransitive Choice
- Properties of reverse hazard functions
- Foresight, risk attitude, and utility maximization in naturalistic sequential high-stakes decision making
- Probability weighting for losses and for gains among smallholder farmers in Uganda
- A distribution-free, Bayesian goodness-of-fit method for assessing similar scientific prediction equations
- A tractable method to measure utility and loss aversion under prospect theory
- Composition rules in original and cumulative prospect theory
- Models of best-worst choice and ranking among multiattribute options (profiles)
- A parametric analysis of prospect theory's functionals for the general population
- Robust portfolio optimization with a generalized expected utility model under ambiguity
- Measuring the time stability of prospect theory preferences
- Mixture models of choice under risk
- An experimental test of reduction invariance
- Assessing risky weighting functions for positive and negative binary gambles using the logarithmic derivative function
- Hierarchical Bayesian parameter estimation for cumulative prospect theory
- Changing the probability versus changing the reward
- Elicitation of multiattribute value functions through high dimensional model representations: monotonicity and interactions
- Risk pricing in a non-expected utility framework
- A further critique of cumulative prospect theory and related approaches
- Erratum to: ``Hierarchical Bayesian parameter estimation for cumulative prospect theory
- Consistency of determined risk attitudes and probability weightings across different elicitation methods
- Estimating risk preferences of bettors with different bet sizes
- Parametric weighting functions
- On the potential for observational equivalence in experiments on risky choice when a power value function is assumed
- Individual and couple decision behavior under risk: evidence on the dynamics of power balance
- Prospect theory for continuous distributions
- Return smoothing in life insurance from a client perspective
- On the learning patterns and adaptive behavior of terrorist organizations
- Deciding about human lives: an experimental measure of risk attitudes under prospect theory
- Decision making generalized by a cumulative probability weighting function
- Does probability weighting matter in probability elicitation?
- Cumulative prospect theory and the St. Petersburg paradox
- The expo-power value function as a candidate for the work-horse specification in parametric versions of cumulative prospect theory
- Do financial professionals behave according to prospect theory? An experimental study
- Competence effects for choices involving gains and losses
- Certainty-based marking on multiple-choice items: psychometrics meets decision theory
- Stochastic expected utility for binary choice: a `modular' axiomatic foundation
- Using logarithmic derivative functions for assessing the risky weighting function for binary gambles
- Dynamic decision making under ambiguity: an experimental investigation
- Risk aversion elicitation: reconciling tractability and bias minimization
- A further examination of cumulative prospect theory parameterizations
- Emotional balance and probability weighting
- Segregation and integration: a study of the behaviors of investors with extended value functions
- Advances in prospect theory: cumulative representation of uncertainty
- Probabilistic choice (models) as a result of balancing multiple goals
- Bilateral risk sharing in a comonotone market with rank-dependent utilities
This page was built for publication: Cumulative prospect theory's functional menagerie
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q867443)
