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An Approximate Dual-Self Model and Paradoxes of Choice under Risk

Fudenberg, Drew; Levine, David K.; Maniadis, Zacharias - 2012

Persistent link: https://www.econbiz.de/10009615723

The impact of ambiguity prudence on insurance and prevention

Berger, Loïc - 2015

Most decisions concerning (self-)insurance and self-protection have to be taken in situations in which a) the effort exerted precedes the moment uncertainty realises, and b) the probabilities of future states of the world are not perfectly known. By integrating these two characteristics in a...

Persistent link: https://www.econbiz.de/10010486991

Export decision under risk

Sousa, José de; Disdier, Anne-Célia; Gaigné, Carl - 2019

Persistent link: https://www.econbiz.de/10012234761

Multicriteria decision-analysis for an electricity retailer using cross confidence factors

Lahdelma, Risto; Makkonen, Simo; Salminen, Pekka - 2003

Persistent link: https://www.econbiz.de/10001792885

Rationality on the rise : why relative risk aversion increases with stake size

Fehr-Duda, Helga; Bruhin, Adrian; Epper, Thomas; … - 2008 - Revised version

How does risk tolerance vary with stake size? This important question cannot be adequately answered if framing effects … coherent change in relative risk aversion is observed for losses. The increase in relative risk aversion over gains cannot be …

Persistent link: https://www.econbiz.de/10003892446

Stochastic expected utility and prospect theory in a horse race : a finite mixture approach

Bruhin, Adrian - 2008

decision making under risk. Both theories incorporate well-known deviations from Expected Utility Maximization such as the … Allais paradox or the fourfold pattern of risk attitudes. Stochastic Expected Utility Theory parsimoniously extends the …

Persistent link: https://www.econbiz.de/10003894019

Variation in risk seeking behavior in a natural experiment on large losses induced by a natural disaster

Page, Lionel; Savage, David; Torgler, Benno - 2012

This study explores people's risk attitudes after having suffered large real-world losses following a natural disaster … is consistent with prospect theory predictions of the adoption of a risk-seeking attitude after a loss. -- Decision under … Risk ; Large Losses ; Natural Experiment …

Persistent link: https://www.econbiz.de/10009575974

Prudence and preference for flexibility gain

Danau, Daniel - 2018

Persistent link: https://www.econbiz.de/10011893871

Can quantum decision theory explain the Ellsberg paradox?

Wei, Mengxing; Al-Nowaihi, Ali; Dhami, Sanjit S. - 2017

Persistent link: https://www.econbiz.de/10011612667

Theory, evidence, and risks of the ECB's asset purchase programme

Benigno, Pierpaolo; Canofari, Paolo; Di Bartolomeo, Giovanni - 2020

Persistent link: https://www.econbiz.de/10012387843