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Risk aversion as a perceptual bias
Khaw, Mel Win; Li, Ziang; Woodford, Michael - 2017
bias | but one that represents an optimal Bayesian decision, given the limitations of the mental representation of the …
Persistent link: https://www.econbiz.de/10011638247
Cover Image
Risk aversion as a perceptual bias
Khaw, Mel Win; Li, Ziang; Woodford, Michael - 2017
Persistent link: https://www.econbiz.de/10011649386
Cover Image
Risk aversion as a perceptual bias
Khaw, Mel Win; Li, Ziang; Woodford, Michael - 2017
Persistent link: https://www.econbiz.de/10011654992
Cover Image
Risk Aversion as a Perceptual Bias
Khaw, Mel Win - 2017
need for a nonlinear utility-of-wealth function, and instead results from a sort of perceptual bias -- but one that …
Persistent link: https://www.econbiz.de/10012455387