Betting on odds on Favorites as an Optimal Choice in Cumulative Prospect Theory
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- Michael Cain & David Law & David Peel, 2008. "Bounded cumulative prospect theory: some implications for gambling outcomes," Applied Economics, Taylor & Francis Journals, vol. 40(1), pages 5-15.
- David Alan Peel & David Law, 2017. "Loss Aversion And Ruinous Optimal Wagers In Cumulative Prospect Theory," Economics Bulletin, AccessEcon, vol. 37(1), pages 352-360.
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