History-dependent risk attitude

DOI10.1016/J.JET.2015.01.020MaRDI QIDQ894032zbMATH OpenOpenAlexFDO

Authors David Dillenberger, Kareen Rozen

Publication date 23 November 2015

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://economics.sas.upenn.edu/sites/default/files/filevault/working-papers/11-004.pdf

zbMATH Keywords

primacy effectdynamic reference dependencehistory-dependent risk attitudereinforcement effect

Mathematics Subject Classification ID

Decision theory (91B06) Dynamic games (91A25)

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Cites work

• A Theory of Disappointment Aversion
• An axiomatic characterization of preferences under uncertainty: Weakening the independence axiom
• Axiomatic utility theories with the betweenness property
• Does Local Financial Development Matter?
• Foundations of intrinsic habit formation
• Microeconomic theory
• Prospect theory and asset prices
• Psychological expected utility theory and anticipatory feelings
• Temporal Resolution of Uncertainty and Dynamic Choice Theory
• Two-Stage Lotteries without the Reduction Axiom

Cited in

(10)

• Temptation and forward-guidance
• Dynamic Decision Making When Risk Perception Depends on Past Experience
• Learning with misattribution of reference dependence
• Dynamic decision making when risk perception depends on past experience
• State dependent choice
• The effects of prior outcomes on risky choice: evidence from the stock market
• Dynamic concern for misspecification
• Time for memorable consumption
• Objective rationality foundations for (dynamic) \(\alpha\)-MEU
• Dynamic decision-making when ambiguity attitudes depend on exogenous events

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