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A new axiomatization of rank-dependent expected utility with tradeoff consistency for equally likely outcomes

Schmidt, Ulrich; Zank, Horst - In: Journal of mathematical economics 35 (2001) 4, pp. 483-491

Persistent link: https://www.econbiz.de/10001590158

A unified derivation of classical subjective expected utility models through cardinal utility

Wakker, Peter P.; Zank, Horst - In: Journal of mathematical economics 32 (1999) 1, pp. 1-19

Persistent link: https://www.econbiz.de/10001415945

A simple preference foundation of cumulative prospect theory with power utility

Wakker, Peter P.; Zank, Horst - In: European economic review : EER 46 (2002) 7, pp. 1253-1271

Persistent link: https://www.econbiz.de/10001701384

What is loss aversion?

Schmidt, Ulrich; Zank, Horst - In: Journal of risk and uncertainty : JRU 30 (2005) 2, pp. 157-167

Persistent link: https://www.econbiz.de/10002714543

Consistent probability attitudes

Zank, Horst - In: Economic theory : official journal of the Society for … 44 (2010) 2, pp. 167-185

Persistent link: https://www.econbiz.de/10003982816

Endogenizing prospect theory’s reference point

Schmidt, Ulrich; Zank, Horst - 2010

In previous models of (cumulative) prospect theory reference-dependence of preferences is imposed beforehand and the location of the reference point is exogenously determined. This note provides a foundation of prospect theory, where reference-dependence is derived from preference conditions and...

Persistent link: https://www.econbiz.de/10003950287