Weighted and quadratic models of choice under uncertainty

DOI10.1016/0165-1765(95)00777-6zbMath0875.90031OpenAlexW2043835882MaRDI QIDQ1351260

Kin Chung Lo

Publication date: 27 February 1997

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1765(95)00777-6

zbMATH Keywords

UncertaintyDynamic consistencyWeighted utilityEllsberg ParadoxQuadratic utility

Mathematics Subject Classification ID

Utility theory (91B16)

Related Items (1)

Preference aggregation under uncertainty: Savage vs. Pareto

Cites Work

• Dynamically consistent beliefs must be Bayesian
• Consequentialist foundations for expected utility
• Maxmin expected utility with non-unique prior
• Recent developments in modeling preferences: Uncertainty and ambiguity
• The projective independence axiom
• Risk, Ambiguity, and the Savage Axioms
• A Generalization of the Quasilinear Mean with Applications to the Measurement of Income Inequality and Decision Theory Resolving the Allais Paradox
• Subjective Probability and Expected Utility without Additivity
• Mixture Symmetry and Quadratic Utility
• A Definition of Subjective Probability
• Unnamed Item

This page was built for publication: Weighted and quadratic models of choice under uncertainty