One-reason decision-making: modeling violations of expected utility theory
From MaRDI portal
Publication:946664
DOI10.1007/s11166-008-9042-0zbMath1151.91403OpenAlexW1984386156MaRDI QIDQ946664
Gerd Gigerenzer, Konstantinos V. Katsikopoulos
Publication date: 24 September 2008
Published in: Journal of Risk and Uncertainty (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1007/s11166-008-9042-0
Related Items (7)
Preference under risk in the presence of indistinguishable probabilities ⋮ Book review of: G. Schurz, Hume's problem solved. The optimality of meta-induction ⋮ One-Shot Decision Theory: A Fundamental Alternative for Decision Under Uncertainty ⋮ Service center location problems with decision dependent utilities and a pandemic case study ⋮ A contextual range-dependent model for choice under risk ⋮ Axiomatizing bounded rationality: the priority heuristic ⋮ Compatibility effects in the prescriptive application of psychological heuristics: inhibition, integration and selection
Cites Work
- Unnamed Item
- Independence properties vis-à-vis several utility representations
- Naïve heuristics for paired comparisons: some results on their relative accuracy
- ``Take-the-best and other simple strategies: why and when they work ``well with binary cues
- What impacts the impact of rare events
- Some implications of a more general form of regret theory
- Similarity and decision-making under risk (Is there a utility theory resolution to the Allais paradox?)
- Advances in prospect theory: cumulative representation of uncertainty
- The role of aspiration level in risky choice: A comparison of cumulative prospect theory and SP/A theory
- Bounded rationality. A Simon-like explication
- Violations of the betweenness axiom and nonlinearity in probability
- Generalized similarity judgements: An alternative explanation for choice anomalies
- Terrorism and probability neglect
- Fast, frugal, and fit: simple heuristics for paired comparison
- Testing the effects of similarity on risky choice: Implications for violations of expected utility
- Causes of Allais common consequence paradoxes: an experimental dissection
- Nontransitive preferences in decision theory
- Similarity and preferences in the space of simple lotteries
- Simple Models for Multiattribute Choice with Many Alternatives: When It Does and Does Not Pay to Face Trade-offs with Binary Attributes
- Semiorders and a Theory of Utility Discrimination
- Cumulative Dominance and Heuristic Performance in Binary Multiattribute Choice
- Back to the St. Petersburg Paradox?
- Exceptional Paper—Lexicographic Orders, Utilities and Decision Rules: A Survey
- Prospect Theory: An Analysis of Decision under Risk
- What Common Ground Exists for Descriptive, Prescriptive, and Normative Utility Theories?
- Curvature of the Probability Weighting Function
- The Probability Weighting Function
- Exposition of a New Theory on the Measurement of Risk
- A further examination of cumulative prospect theory parameterizations
This page was built for publication: One-reason decision-making: modeling violations of expected utility theory