Separating marginal utility and probabilistic risk aversion

Author:

Wakker Peter

Publisher

Springer Science and Business Media LLC

Subject

Computer Science Applications,General Economics, Econometrics and Finance,General Social Sciences,Applied Psychology,Arts and Humanities (miscellaneous),Developmental and Educational Psychology,General Decision Sciences

Reference82 articles.

1. Allais, M.: 1953, ?Fondements d'une Théorie Positive des Choix Comportant un Risque et Critique des Postulats et Axiomes de l'Ecole Américaine?,Colloques Internationaux du Centre National de la Recherche Scientifique 40, Econométrie, 257?332. Paris: Centre National de la Recherche Scientifique. Translated into English, with additions, as ?The Foundations of a Positive Theory of Choice Involving Risk and a Criticism of the Postulates and Axioms of the American School?,in Allais, M. and Hagen, O. (Eds.): 1979,Expected Utility Hypotheses and the Allais Paradox, Reidel, Dordrecht, The Netherlands, pp. 27?145.

2. Allais, M.: 1979, ?The So-Called Allais Paradox and Rational Decisions under Uncertainty?,In Allais, M. and Hagen, O. (Eds.): 1979,Expected Utility Hypotheses and the Allais Paradox, Reidel, Dordrecht, The Netherlands, pp. 437?681.

3. Arrow, K.J.: 1951, ?Alternative Approaches to the Theory of Choice in Risk-Taking Situations?,Econometrica 19, 404?437.

4. Barron, F.H., von Winterfeldt, D. and Fischer, G.W.: 1984, ?Empirical and Theoretical Relationships between Value and Utility Functions?,Acta Psychologica 56, 233?244.

5. Bernard, G.: 1974, ?On Utility Functions?,Theory and Decision 5, 205?242.

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