Search Results - subject:"Preference foundation"

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Mixture independence foundations for expected utility

Meng, Jingyi; Webb, Craig S.; Zank, Horst - In: Journal of mathematical economics 111 (2024), pp. 1-11

Persistent link: https://www.econbiz.de/10015071626

Chance theory : a separation of riskless and risky utility

Schmidt, Ulrich; Zank, Horst - In: Journal of risk and uncertainty 65 (2022) 1, pp. 1-32

Persistent link: https://www.econbiz.de/10013453847

Discrete Arrow-Pratt indexes for risk and uncertainty

Baillon, Aurélien; L'Haridon, Olivier - In: Economic theory 72 (2021) 4, pp. 1375-1393

Persistent link: https://www.econbiz.de/10012663443

Chance theory: A separation of riskless and risky utility

Schmidt, Ulrich; Zank, Horst - 2013

We present a preference foundation for Chance Theory (CT), a model of decision making under uncertainty where the …

Persistent link: https://www.econbiz.de/10010326830

Parametric weighting functions

Diecidue, Enrico; Schmidt, Ulrich; Zank, Horst - 2008

probabilistic risk attitudes to vary within the probability interval, a preference foundation for rank-dependent utility with …

Persistent link: https://www.econbiz.de/10010272968

Parametric Weighting Functions

Zank, Horst; Schmidt, Ulrich; Diecidue, Enrico - 2007

This paper provides behavioral foundations for parametric weighting functions under rankdependent utility. This is achieved by decomposing the independence axiom of expected utility into separate meaningful properties. These conditions allow us to characterize rank-dependent utility with power...

Persistent link: https://www.econbiz.de/10010296267

Parametric Weighting Functions

Zank, Horst; Schmidt, Ulrich; Diecidue, Enrico - Institut für Volkswirtschaftslehre, … - 2007

Persistent link: https://www.econbiz.de/10005082875

Chance theory : a separation of riskless and risky utility

Schmidt, Ulrich; Zank, Horst - 2013

We present a preference foundation for Chance Theory (CT), a model of decision making under uncertainty where the …

Persistent link: https://www.econbiz.de/10010202765

Accounting for optimism and pessimism in expected utility

Webb, Craig S.; Zank, Horst - In: Journal of Mathematical Economics 47 (2011) 6, pp. 706-717

We provide a preference foundation for decision under risk resulting in a model where probability weighting is linear … preference foundation, interpreted as “expected utility with consistent optimism and pessimism”. …

Persistent link: https://www.econbiz.de/10011065401

Separating curvature and elevation: A parametric probability weighting function

Abdellaoui, Mohammed; Olivier L’Haridon; Zank, Horst - In: Journal of Risk and Uncertainty 41 (2010) 1, pp. 39-65

Persistent link: https://www.econbiz.de/10008526465

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