Expected utility theory with imprecise probability perception : explaining preference reversals
| Year of publication: |
September 2017
|
|---|---|
| Authors: | Bayrak, Oben K. ; Hey, John Denis |
| Published in: |
Applied economics letters. - Abingdon : Routledge, ISSN 1350-4851, ZDB-ID 1181036-1. - Vol. 24.2017, 13/15, p. 906-910
|
| Subject: | Alpha EU model | anomalies in expected utility theory | decision under risk | imprecise probability perceptions | preference reversals valuation gaps | Erwartungsnutzen | Expected utility | Entscheidung | Decision | Präferenztheorie | Theory of preferences | Nutzen | Utility | Wahrscheinlichkeitsrechnung | Probability theory | Entscheidungstheorie | Decision theory | Experiment | Entscheidung unter Risiko | Decision under risk | Erwartungsbildung | Expectation formation |
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