GENERALIZATION OF EXPECTED UTILITY UNDER RISK - REPRESENTATION AND ESTIMATION

被引：0

作者：

GAYANT, JP ^{[1
]}

机构：

[1] UNIV PARIS 01, CTR ECON MATH & ECON, CNRS, UA D0924, F-75231 PARIS 05, FRANCE

来源：

REVUE ECONOMIQUE | 1995年 / 46卷 / 04期

关键词：

D O I：

10.2307/3502226

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The classical criterion for decision making under risk, maximizing expected utility, has been generalized to improve its descriptive power. This generalization allows the decision maker to distort the probabilities. This paper proposes a representative diagram of the decision process and an experimental study to estimate the distortion function.

引用

页码：1047 / 1061

页数：15

共 50 条

[41] Rejecting small gambles under expected utility
Palacios-Huerta, Ignacio
Serrano, Roberto
ECONOMICS LETTERS, 2006, 91 (02) : 250 - 259
[42] Optimal insurance under maxmin expected utility
Birghila, Corina
Boonen, Tim J. J.
Ghossoub, Mario
FINANCE AND STOCHASTICS, 2023, 27 (02) : 467 - 501
[43] Validity of CARA function under expected utility
Yan, Yu
Tong, Yan
Wang, Yiming
ECONOMICS LETTERS, 2025, 247
[44] A test for risk-averse expected utility
Chambers, Christopher P.
Liu, Ce
Martinez, Seung-Keun
JOURNAL OF ECONOMIC THEORY, 2016, 163 : 775 - 785
[45] Expected utility operators and possibilistic risk aversion
Georgescu, Irina
SOFT COMPUTING, 2012, 16 (10) : 1671 - 1680
[46] Expected utility operators and possibilistic risk aversion
Irina Georgescu
Soft Computing, 2012, 16 : 1671 - 1680
[47] Comparative Risk Aversion for -Expected Utility Maximizers
Jia, Guangyan
Xia, Jianming
NONLINEAR MATHEMATICS FOR UNCERTAINTY AND ITS APPLICATIONS, 2011, 100 : 31 - +
[48] Background risk in generalized expected utility theory
Quiggin, J
ECONOMIC THEORY, 2003, 22 (03) : 607 - 611
[49] Utilitarianism, risk aversion, and expected utility - Reply
Cohen, BJ
MEDICAL DECISION MAKING, 1996, 16 (01) : 14 - 14
[50] Background risk in generalized expected utility theory
John Quiggin
Economic Theory, 2003, 22 : 607 - 611

← 1 2 3 4 5 →