A simple derivation of Prelec's probability weighting function (Q867988)
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scientific article; zbMATH DE number 5128094
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | A simple derivation of Prelec's probability weighting function |
scientific article; zbMATH DE number 5128094 |
Statements
A simple derivation of Prelec's probability weighting function (English)
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19 February 2007
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decision making under risk
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Prelec's probability weighting function
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compound invariance
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reduction invariance
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power invariance
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prospect theory
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rank dependent expected utility
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algebraic functional equations
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