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  • Search: subject:"behavioral stochastic process"
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behavioral stochastic process 1 commutative prospect theory 1 homotopy 1 stopping time 1
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Free 1
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Book / Working Paper 1
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Undetermined 1
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Cadogan, Godfrey 1
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Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München 1
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MPRA Paper 1
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Commutative Prospect Theory and Stopped Behavioral Processes for Fair Gambles
Cadogan, Godfrey - Volkswirtschaftliche Fakultät, … - 2010
We augment Tversky and Khaneman (1992) (“TK92”) Cumulative Prospect Theory (“CPT”) function space with a sample space for “states of nature”, and depict a commutative map of behavior on the augmented space. In particular, we use a homotopy lifting property to mimic behavioral...
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