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Payoff kinks in preferences over lotteries

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Publication:1421737
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DOI10.1023/A:1011833407458zbMath1076.91012OpenAlexW3121650566MaRDI QIDQ1421737

Machina, Mark J.

Publication date: 3 February 2004

Published in: Journal of Risk and Uncertainty (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1023/a:1011833407458


zbMATH Keywords

uncertaintyriskpayoff kinks


Mathematics Subject Classification ID

Utility theory (91B16) Individual preferences (91B08)


Related Items (6)

Anchored preference relations ⋮ Money-metrics in local welfare analysis: Pareto improvements and equity considerations ⋮ Ellsberg's two-color experiment, portfolio inertia and ambiguity. ⋮ Risk neutrality regions ⋮ Moral sentiments and social choice ⋮ On the economic meaning of Machina's Fréchet differentiability assumption







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