蛤肉 发表于 2025-3-28 18:22:32

Risk Seeking and Lottery Designwork. It has also been shown that some results, notably those concerning second order risk aversion and those relying on the equivalence between risk aversion and second stochastic dominance, may not hold in the more general setting.

LARK 发表于 2025-3-28 18:46:46

Extensionsject of this chapter is to give a brief indication of the ways in which the ideas developed above, and particularly the rank-dependent model, may be extended to a range of contexts beyond the theory of choice under uncertainty with known probabilities.

喃喃诉苦 发表于 2025-3-29 01:51:03

Efim S. Fradkin,Mark Ya. PalchikThe object of this chapter is to present a brief history of the expected utility model, an informal outline of its basic ideas and a summary of the early debate over the independence axiom.

不要严酷 发表于 2025-3-29 05:52:57

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obeisance 发表于 2025-3-29 08:18:12

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Mets552 发表于 2025-3-29 14:57:50

The Challenge to EU TheoryThere has been a steady increase in the number of ‘anomalies’ associated with EU theory and particularly with the independence axiom. The auxiliary hypotheses used by followers of the EU approach to explain these problems have become increasingly threadbare. The way is, therefore, open for an alternative approach.

领带 发表于 2025-3-29 15:35:49

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plasma-cells 发表于 2025-3-29 19:45:32

https://doi.org/10.1007/978-3-319-99414-7higher values of the functional correspond to increasing preference. With the notation given above, we may present a formal outline of EU theory. For any prospect (.), the . of the prospect is defined by a functional where is a ..

放肆的你 发表于 2025-3-30 01:07:58

Taking Action in a Hostile Environment,account for empirical behavior inconsistent with the EU model. In the 1980s, this demand was met with a profusion of new models. Fishburn (1988) discusses at least a dozen. There are perhaps twenty more models that either have been produced since Fishburn’s survey or fell outside the scope of his en

能得到 发表于 2025-3-30 06:48:56

Lloyd J. Dumas,Janine R. Wedel,Greg Callmanretation of increasing risk in terms of stochastic dominance contributed in large measure to the success of EU theory in replacing the mean-variance approach in both theoretical and applied study of problems relating to risk. One requirement for more general theories of choice under risk to be accep
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查看完整版本: Titlebook: Generalized Expected Utility Theory; The Rank-Dependent M John Quiggin Book 1993 Kluwer Academic Publishers 1993 European Union (EU).Financ