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Risk, Ambiguity, and the Rank-Dependence Axioms

โœ Scribed by Mark J. Machina


Book ID
125666231
Publisher
American Economic Association
Year
2009
Tongue
English
Weight
950 KB
Volume
99
Category
Article
ISSN
0002-8282

No coin nor oath required. For personal study only.


๐Ÿ“œ SIMILAR VOLUMES


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โœ Peter C. Fishburn ๐Ÿ“‚ Article ๐Ÿ“… 1993 ๐Ÿ› Springer US ๐ŸŒ English โš– 838 KB
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โœ Hein Fennema; Peter Wakker ๐Ÿ“‚ Article ๐Ÿ“… 1996 ๐Ÿ› Springer ๐ŸŒ English โš– 913 KB

Experimental investigations of non-expected utility have primarily concentrated on decision under risk Uprobability triangles"). The literature suggests, however, that ambiguity is one of the main causes for deviations from expected utility (EUt. This article investigates the descriptive performance