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Testing Theories of Choice Under Risk: Estimation of Individual Functionals
Blondel, Serge - In: Journal of Risk and Uncertainty 24 (2002) 3, pp. 251-265
The method introduced here allows us to use a data set with a non-restricted number of outcomes, here 21. Hence, our method complements the other ones developed in the domain of the probability triangle. Individual parameters are estimated for expected utility and various non-expected utility...
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