Prospect theory for continuous distributions: a preference foundation

DOI10.1007/s11166-011-9118-0zbMath1214.91032OpenAlexW2143336709MaRDI QIDQ544845

Amit Kothiyal, Vitalie Spinu, Peter P. Wakker

Publication date: 16 June 2011

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

Full work available at URL: https://doi.org/10.1007/s11166-011-9118-0

zbMATH Keywords

Continuous distributionsPreference foundationsProspect theoryUnbounded utility

Mathematics Subject Classification ID

Utility theory (91B16)

Related Items (10)

Probability weighting, stop-loss and the disposition effect ⋮ A theoretical foundation of ambiguity measurement ⋮ Optimal inequality behind the veil of ignorance ⋮ European option pricing under cumulative prospect theory with constant relative sensitivity probability weighting functions ⋮ Risk behavior for gain, loss, and mixed prospects ⋮ A survey of decision making and optimization under uncertainty ⋮ Randomized strategies and prospect theory in a dynamic context ⋮ Expected utility with uncertain probabilities theory ⋮ A revealed reference point for prospect theory ⋮ Behavioral premium principles

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