BRIEF
发表于 2025-3-23 13:06:46
RDEU and Experimental Evidenceerg problem and the phenomenon of preference reversal. It is therefore of interest to consider how well the RDEU model explains these various observations. Except for the Friedman-Savage problem, discussed in Chapter 8, all of these observations are based primarily on experimental studies.
无思维能力
发表于 2025-3-23 17:50:34
Axiomatic Approaches to RDEUapproach is to write down an appealing set of axioms, then derive the functional form implied by those axioms. A large part of the research agenda then consists of weakening and modifying the axioms and of exploring the logical relationships between sets of axioms. The outstanding exemplar of this approach is Fishburn (1982, 1988).
Mortal
发表于 2025-3-23 20:23:19
Stochastic Dominance and Independence Rulesore formally, stochastic dominance and independence rules. The characterization is applied to a range of decision theories including RDEU, RLU, EU, state-dependent utility theories (Karni 1983) and regret theory (Loomes and Sugden 1982, 1983, 1987).
诱使
发表于 2025-3-24 01:59:41
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大方一点
发表于 2025-3-24 05:15:29
Confronting Gun Violence in Americae primarily technical). Historically the second concern came first. The Allais ‘paradox’ was developed to illustrate problems with the von Neumann-Morgenstern independence axiom. Savage’s sure thing principle was a reformulation of the independence axiom designed to enhance its normative appeal.
Assault
发表于 2025-3-24 08:54:29
Gary Lock,Brian Leigh Molyneauxtion .*. In particular, changes in initial wealth levels will lead, not only to decreasing absolute risk aversion effects of the kinds explored by Arrow and Pratt, but to shifts in the utility function itself.
来就得意
发表于 2025-3-24 12:33:15
Some Normative Properties of RDEUe primarily technical). Historically the second concern came first. The Allais ‘paradox’ was developed to illustrate problems with the von Neumann-Morgenstern independence axiom. Savage’s sure thing principle was a reformulation of the independence axiom designed to enhance its normative appeal.
全等
发表于 2025-3-24 16:14:48
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Rinne-Test
发表于 2025-3-24 21:30:32
Book 1993generalizedmodels are too difficult to handle or incapable of generating sharpresults. This creates a need to show that the new models can be usedin the kinds of economic analysis for which EU has been used, and thatthey can yield new and interesting results. .This book meets this need by describing
地壳
发表于 2025-3-25 00:40:41
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