Lottery valuation using the aspiration / relative utility function
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Cited by:
- Toritseju Begho & Kelvin Balcombe, 2023. "Attitudes to Risk and Uncertainty: New Insights From an Experiment Using Interval Prospects," SAGE Open, , vol. 13(3), pages 21582440231, July.
- Kontek, Krzysztof, 2010. "Mean, Median or Mode? A Striking Conclusion From Lottery Experiments," MPRA Paper 21758, University Library of Munich, Germany.
- Kontek, Krzysztof, 2010. "Multi-Outcome Lotteries: Prospect Theory vs. Relative Utility," MPRA Paper 22947, University Library of Munich, Germany.
- Kontek, Krzysztof, 2010. "Density Based Regression for Inhomogeneous Data: Application to Lottery Experiments," MPRA Paper 22268, University Library of Munich, Germany.
- Kontek, Krzysztof, 2009. "Absolute vs. Relative Notion of Wealth Changes," MPRA Paper 17336, University Library of Munich, Germany.
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More about this item
Keywords
Lottery Valuation; Expected Utility Theory; Markowitz Hypothesis; Prospect / Cumulative Prospect Theory; Aspiration / Relative Utility Function;All these keywords.
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MIC-2009-08-08 (Microeconomics)
- NEP-NEU-2009-08-08 (Neuroeconomics)
- NEP-UPT-2009-08-08 (Utility Models and Prospect Theory)
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