Search Results - subject:"Probability weighting"

Evolutionary stability of prospect theory preferences

Rieger, Marc Oliver - In: Journal of Mathematical Economics 50 (2014) C, pp. 1-11

.e. players with a smaller degree of probability weighting. We also show that in a typical game with infinitely many strategies, the … “war of attrition”, probability weighting is (semi-)evolutionarily stable. Finally, we generalize to other notions of … stability. Our results may help to explain why probability weighting is generally observed in humans, although it is not optimal …

Persistent link: https://www.econbiz.de/10011065426

Chapter 4. Assessment and Estimation of Risk Preferences

Holt, Charles A.; Laury, Susan K. - In: Handbook of the economics of risk and uncertainty : volume 1, (pp. 135-201). 2014

suggestions for evaluating the separate effects of utility curvature and probability weighting are provided. …

Persistent link: https://www.econbiz.de/10014025528

Eliciting prospect theory when consequences are measured in time units : "time is not money"

Abdellaoui, Mohammed; Kemel, Emmanuel - In: Management science : journal of the Institute for … 60 (2014) 7, pp. 1844-1859

Persistent link: https://www.econbiz.de/10010399420

Treatment evaluation in the presence of sample selection

Huber, Martin - In: Econometric reviews 33 (2014) 8, pp. 869-905

Persistent link: https://www.econbiz.de/10010363873

Assessment and estimation of risk preferences

Holt, Charles A.; Laury, Susan K. - 2014

Persistent link: https://www.econbiz.de/10010366838

Expected utility or prospect theory maximisers? : assessing farmers' risk behaviour from field-experiment data

Bocquého, Géraldine; Jacquet, Florence; Reynaud, Arnaud - In: European review of agricultural economics : ERAE 41 (2014) 1, pp. 135-172

Persistent link: https://www.econbiz.de/10010426002

Feeling the numbers : on the interplay between risk, affect, and numeracy

Petrova, Dafina G.; Pligt, J. van der; Garcia-Retamero, … - In: Journal of behavioral decision making 27 (2014) 3, pp. 191-199

Persistent link: https://www.econbiz.de/10010386578

Analysis of group performance with categorical data when agents are heterogeneous : the evaluation of scholastic performance in the OECD through PISA

Herrero Blanco, Carmen; Méndez Martínez, Ildefonso; … - In: Economics of education review 40 (2014), pp. 140-151

Persistent link: https://www.econbiz.de/10010491964

Evolutionary stability of prospect theory preferences

Rieger, Marc Oliver - In: Journal of mathematical economics 50 (2014), pp. 1-11

Persistent link: https://www.econbiz.de/10010476887

Risk behavior for gain, loss, and mixed prospects

Brooks, Peter; Peters, Simon A.; Zank, Horst - In: Theory and decision : an international journal for … 77 (2014) 2, pp. 153-182

Persistent link: https://www.econbiz.de/10010481285