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Utility Analysis and Group Behavior: An Empirical Study

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  • Weitzman, Martin L.

Abstract

The following sections are included:INTRODUCTIONTHE EXPECTED-UTILITY HYPOTHESISEXPERIMENTAL BACKGROUND: THE RACE TRACK AND PARIMUTUEL BETTINGTHE EXPERIMENTAL PROBABILITY CURVEFORMULATION OF THE MODEL MR. AVMARTAVMART'S INDIFFERENCE CURVEAVMART'S UTILITY OF MONEY CURVECONCLUSION
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Suggested Citation

  • Weitzman, Martin L., 1965. "Utility Analysis and Group Behavior: An Empirical Study," Scholarly Articles 3710799, Harvard University Department of Economics.
    • Handle: RePEc:hrv:faseco:3710799
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    JEL classification:

    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • B23 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Econometrics; Quantitative and Mathematical Studies
    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance

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