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Choice under risk with certainty and potential effects: A general axiomatic model

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  • Essid, Samir

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  • Essid, Samir, 1997. "Choice under risk with certainty and potential effects: A general axiomatic model," Mathematical Social Sciences, Elsevier, vol. 34(3), pages 223-247, October.
    • Handle: RePEc:eee:matsoc:v:34:y:1997:i:3:p:223-247
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    1. Mark McCord & Richard de Neufville, 1986. ""Lottery Equivalents": Reduction of the Certainty Effect Problem in Utility Assessment," Management Science, INFORMS, vol. 32(1), pages 56-60, January.
    2. Jaffray, J. Y., 1989. "Some experimental findings on decision making under risk and their implications," European Journal of Operational Research, Elsevier, vol. 38(3), pages 301-306, February.
    3. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    4. Yaari, Menahem E, 1987. "The Dual Theory of Choice under Risk," Econometrica, Econometric Society, vol. 55(1), pages 95-115, January.
    5. Quiggin, John, 1982. "A theory of anticipated utility," Journal of Economic Behavior & Organization, Elsevier, vol. 3(4), pages 323-343, December.
    6. Uzi Segal, 1984. "Nonlinear Decision Weights with the Independence Axiom," UCLA Economics Working Papers 353, UCLA Department of Economics.
    7. Chew, Soo Hong, 1983. "A Generalization of the Quasilinear Mean with Applications to the Measurement of Income Inequality and Decision Theory Resolving the Allais Paradox," Econometrica, Econometric Society, vol. 51(4), pages 1065-1092, July.
    8. Conlisk, John, 1989. "Three Variants on the Allais Example," American Economic Review, American Economic Association, vol. 79(3), pages 392-407, June.
    9. Machina, Mark J, 1987. "Choice under Uncertainty: Problems Solved and Unsolved," Journal of Economic Perspectives, American Economic Association, vol. 1(1), pages 121-154, Summer.
    10. Battalio, Raymond C & Kagel, John H & Jiranyakul, Komain, 1990. "Testing between Alternative Models of Choice under Uncertainty: Some Initial Results," Journal of Risk and Uncertainty, Springer, vol. 3(1), pages 25-50, March.
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    Cited by:

    1. Craig Webb, 2015. "Piecewise additivity for non-expected utility," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 60(2), pages 371-392, October.
    2. Zimper, Alexander, 2004. "On the existence of strategic solutions for games with security- and potential level players," Papers 04-04, Sonderforschungsbreich 504.
    3. Groneck, Max & Ludwig, Alexander & Zimper, Alexander, 2024. "Who saves more, the naive or the sophisticated agent?," Journal of Economic Theory, Elsevier, vol. 219(C).
    4. Alain Chateauneuf & Michèle Cohen & Jean-Marc Tallon, 2008. "Decision under risk : The classical Expected Utility model," Post-Print halshs-00348814, HAL.
    5. Schmidt, Ulrich & Zimper, Alexander, 2003. "Security and potential level preferences with thresholds," Papers 03-29, Sonderforschungsbreich 504.
    6. Schmidt, Ulrich, 2000. "The certainty effect and boundary effects with transformed probabilities," Economics Letters, Elsevier, vol. 67(1), pages 29-33, April.
    7. Alexander Zimper, 2007. "Strategic games with security and potential level players," Theory and Decision, Springer, vol. 63(1), pages 53-78, August.
    8. Ulrich Schmidt, 2001. "Lottery Dependent Utility: a Reexamination," Theory and Decision, Springer, vol. 50(1), pages 35-58, February.
    9. Schmidt, Ulrich & Zimper, Alexander, 2003. "Security And Potential Level Preferences With," Sonderforschungsbereich 504 Publications 03-29, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.

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