Public Choices and Private Risks: The Role of Economic Analysis
Author
Abstract
Suggested Citation
DOI: 10.22004/ag.econ.271521
Download full text from publisher
References listed on IDEAS
- Hirshleifer, J & Riley, John G, 1979.
"The Analytics of Uncertainty and Information-An Expository Survey,"
Journal of Economic Literature, American Economic Association, vol. 17(4), pages 1375-1421, December.
- Jack Hirshleifer & John G. Riley, 1979. "The Analytics of Uncertainty and Information- An Expository Survey," UCLA Economics Working Papers 159, UCLA Department of Economics.
- Gerking, Shelby & de Haan, Menno & Schulze, William, 1988. "The Marginal Value of Job Safety: A Contingent Valuation Study," Journal of Risk and Uncertainty, Springer, vol. 1(2), pages 185-199, June.
- 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..
- Kahneman, Daniel & Tversky, Amos, 1979. "Prospect Theory: An Analysis of Decision under Risk," Econometrica, Econometric Society, vol. 47(2), pages 263-291, March.
- Amos Tversky & Daniel Kahneman, 1979. "Prospect Theory: An Analysis of Decision under Risk," Levine's Working Paper Archive 7656, David K. Levine.
- Karni, Edi, 1983.
"Risk Aversion for State-Dependent Utility Functions: Measurement and Applications,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 24(3), pages 637-647, October.
- Karni, Edi, 1980. "Risk Aversion of State-Dependent Utility Functions: Measurement and Applications," Foerder Institute for Economic Research Working Papers 275322, Tel-Aviv University > Foerder Institute for Economic Research.
- Richard C. Bishop, 1982. "Option Value: An Exposition and Extension," Land Economics, University of Wisconsin Press, vol. 58(1), pages 1-15.
- Einhorn, Hillel J & Hogarth, Robin M, 1986. "Decision Making under Ambiguity," The Journal of Business, University of Chicago Press, vol. 59(4), pages 225-250, October.
- Schmalensee, Richard, 1972. "Option Demand and Consumer's Surplus: Valuing Price Changes under Uncertainty," American Economic Review, American Economic Association, vol. 62(5), pages 813-824, December.
- W. Kip Viscusi & Wesley A. Magat & Joel Huber, 1987. "An Investigation of the Rationality of Consumer Valuations of Multiple Health Risks," RAND Journal of Economics, The RAND Corporation, vol. 18(4), pages 465-479, Winter.
- Graham, Daniel A, 1981. "Cost-Benefit Analysis under Uncertainty," American Economic Review, American Economic Association, vol. 71(4), pages 715-725, September.
- Philip J. Cook & Daniel A. Graham, 1977. "The Demand for Insurance and Protection: The Case of Irreplaceable Commodities," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 91(1), pages 143-156.
- Lucas, Robert E, Jr, 1986. "Adaptive Behavior and Economic Theory," The Journal of Business, University of Chicago Press, vol. 59(4), pages 401-426, October.
- Hogarth, Robin M & Reder, Melvin W, 1986. "Perspectives from Economics and Psychology: Editor's Comments," The Journal of Business, University of Chicago Press, vol. 59(4), pages 185-207, October.
- David M. Grether, 1980.
"Bayes Rule as a Descriptive Model: The Representativeness Heuristic,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 95(3), pages 537-557.
- Grether, David M., "undated". "Bayes Rule as a Descriptive Model: The Representativeness Heuristic," Working Papers 245, California Institute of Technology, Division of the Humanities and Social Sciences.
- Richard Thaler & Sherwin Rosen, 1976. "The Value of Saving a Life: Evidence from the Labor Market," NBER Chapters, in: Household Production and Consumption, pages 265-302, National Bureau of Economic Research, Inc.
- W. Kip Viscusi & Wesley A. Magat & Joel Huber, 1986. "Informational Regulation of Consumer Health Risks: An Empirical Evaluation of Hazard Warnings," RAND Journal of Economics, The RAND Corporation, vol. 17(3), pages 351-365, Autumn.
- Asch, Peter, 1988. "Consumer Safety Regulation: Putting a Price on Life and Limb," OUP Catalogue, Oxford University Press, number 9780195049725.
- Camerer, Colin F, 1987. "Do Biases in Probability Judgment Matter in Markets? Experimental Evidence," American Economic Review, American Economic Association, vol. 77(5), pages 981-997, December.
- Burton A. Weisbrod, 1964. "Collective-Consumption Services of Individual-Consumption Goods," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 78(3), pages 471-477.
- Schoemaker, Paul J H, 1982. "The Expected Utility Model: Its Variants, Purposes, Evidence and Limitations," Journal of Economic Literature, American Economic Association, vol. 20(2), pages 529-563, June.
- Magat, Wesley A & Viscusi, W Kip & Huber, Joel, 1988. "Consumer Processing of Hazard Warning Information," Journal of Risk and Uncertainty, Springer, vol. 1(2), pages 201-232, June.
- John D. Graham & James W. Vaupel, 1981. "Value of a Life: What Difference Does It Make?," Risk Analysis, John Wiley & Sons, vol. 1(1), pages 89-95, March.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Smith, V. Kerry, 1990. "Environmental Risk Perception and Valuation: Conventional versus Prospective Reference Theory," 1990 Annual meeting, August 5-8, Vancouver, Canada 270887, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Asafu-Adjaye, John & Adamowicz, Wiktor & Phillips, William, 1989. "Nonmarket Valuation under Uncertainty," Staff Paper Series 232438, University of Alberta, Department of Resource Economics and Environmental Sociology.
- Coggins, Jay S. & Ramezani, Cyrus A., 1998. "An Arbitrage-Free Approach to Quasi-Option Value," Journal of Environmental Economics and Management, Elsevier, vol. 35(2), pages 103-125, March.
- Bruno S. Frey & Reiner Eichenberger, 1989. "Should Social Scientists Care about Choice Anomalies?," Rationality and Society, , vol. 1(1), pages 101-122, July.
- Aric P. Shafran, 2014. "Equivalent Option Price With Supply Uncertainty," Bulletin of Economic Research, Wiley Blackwell, vol. 66(S1), pages 1-16, December.
- Coggins, Jay S. & Ramezani, Cyrus A., 1996. "AN ARBITRAGE-FREE APPROACH TO QUASI-OPTION VALUE; Proceedings of the Fifth Joint Conference on Agriculture, Food, and the Environment, June 17-18, 1996, Padova, Italy," Working Papers 14469, University of Minnesota, Center for International Food and Agricultural Policy.
- Graham-Tomasi, Theodore & Myers, Robert J., 1989. "On Supply Side Option Value," Staff Papers 13341, University of Minnesota, Department of Applied Economics.
- Ronald Cummings & Glenn Harrison, 1995. "The measurement and decomposition of nonuse values: A critical review," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 5(3), pages 225-247, April.
- Hanemann, W. Michael, 1984. "On Reconciling Different Concepts of Option Value," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt81w7290x, Department of Agricultural & Resource Economics, UC Berkeley.
- Hanemann, W. Michael, 1984.
"On Reconciling Different Concepts of Option Value,"
Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series
qt81w7290x, Department of Agricultural & Resource Economics, UC Berkeley.
- Hanemann, W. Michael, 1984. "On reconciling different concepts of option value," CUDARE Working Papers 6279, University of California, Berkeley, Department of Agricultural and Resource Economics.
- Mercè Roca & Robin Hogarth & A. Maule, 2006.
"Ambiguity seeking as a result of the status quo bias,"
Journal of Risk and Uncertainty, Springer, vol. 32(3), pages 175-194, May.
- Mercè Roca & Robin Hogarth & A. John Maule, 2005. "Ambiguity seeking as a result of the status quo bias," Economics Working Papers 882, Department of Economics and Business, Universitat Pompeu Fabra, revised Jun 2006.
- Mercè Roca & Robin Hogarth & A. John Maule, 2005. "Ambiguity Seeking as a Result of the Status Quo Bias," Working Papers 114, Barcelona School of Economics.
- Ganguly, Ananda R & Kagel, John H & Moser, Donald V, 2000.
"Do Asset Market Prices Reflect Traders' Judgment Biases?,"
Journal of Risk and Uncertainty, Springer, vol. 20(3), pages 219-245, May.
- Ananda Ganguly & John Kagel & Donald Moser, 2000. "Do Asset Market Prices Reflect Traders' Judgment Biases?," Journal of Risk and Uncertainty, Springer, vol. 20(3), pages 219-245, May.
- Pouliakas, Konstantinos & Theodossiou, Ioannis, 2010.
"An Inquiry Into The Theory, Causes And Consequences Of Monitoring Indicators Of Health And Safety At Work,"
SIRE Discussion Papers
2010-120, Scottish Institute for Research in Economics (SIRE).
- Konstantinos, Pouliakas & Ioannis, Theodossiou, 2010. "An Inquiry Into the Theory, Causes and Consequences of Monitoring Indicators of Health and Safety At Work," MPRA Paper 20336, University Library of Munich, Germany.
- Pouliakas, Konstantinos & Theodossiou, Ioannis, 2010. "An Inquiry into the Theory, Causes and Consequences of Monitoring Indicators of Health and Safety at Work," IZA Discussion Papers 4734, Institute of Labor Economics (IZA).
- Feduzi, Alberto & Runde, Jochen, 2014. "Uncovering unknown unknowns: Towards a Baconian approach to management decision-making," Organizational Behavior and Human Decision Processes, Elsevier, vol. 124(2), pages 268-283.
- Segerson, Kathleen, 1994. "Environmental Policy And Risk," 1994 Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses Risk, Technical Committee Meeting, March 24-26, 1994, Gulf Shores State Park, Alabama 271555, Regional Research Projects > S-232: Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses to Risk.
- Edi Karni & David Schmeidler, 2016.
"An expected utility theory for state-dependent preferences,"
Theory and Decision, Springer, vol. 81(4), pages 467-478, November.
- Karni, Edi & Schmeidler, David, 1980. "An Expected Utility Theory for State-Dependent Preferences," Foerder Institute for Economic Research Working Papers 275328, Tel-Aviv University > Foerder Institute for Economic Research.
- Etchart-Vincent, Nathalie, 2007.
"Expérimentation de laboratoire et économie : contre quelques idées reçues et faux problèmes,"
L'Actualité Economique, Société Canadienne de Science Economique, vol. 83(1), pages 91-116, mars.
- Nathalie Etchart-Vincent, 2007. "Expérimentation de laboratoire et économie :Contre quelques idées reçues et faux problèmes," Post-Print halshs-00004120, HAL.
- V. Kerry Smith, 1986. "Benefit Analysis for Natural Hazards," Risk Analysis, John Wiley & Sons, vol. 6(3), pages 325-334, September.
- Evans, William N & Viscusi, W Kip, 1991.
"Estimation of State-Dependent Utility Functions Using Survey Data,"
The Review of Economics and Statistics, MIT Press, vol. 73(1), pages 94-104, February.
- Evans, William N. & Viscusi, W. Kip, 1991. "Estimation Of State-Dependent Utility Functions Using Survey Data," 1991 Annual Meeting, August 4-7, Manhattan, Kansas 271154, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Marc Willinger, 1990. "La rénovation des fondements de l'utilité et du risque," Revue Économique, Programme National Persée, vol. 41(1), pages 5-48.
More about this item
Keywords
Public Economics; Risk and Uncertainty;Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:rrsr89:271521. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.