utility (SEU) representation given by a Borel probability measure on S and a continuous utility function. I consider two …

This paper tests an intertemporal consumption-leisure model with non-expected utility. There is evidence to reject the … commonly used expected-utility specification and to accept the non-expected utility one as the model's restrictions are not …

which relies on a particular parametrization of non-expected-utility preferences. The first is based on maximum …

can grasp concepts from quantitative risk management. To this end, we enter a scholarly discussion with ChatGPT in the … courses on quantitative risk management, and address risk in general, risk measures, time series, extremes and dependence. As … a result, the non-technical aspects of risk (such as explanations of various types of financial risk, the driving …