A comparison of five models that predict violations of first-order stochastic dominance in risky decision making

DOI10.1007/s11166-005-5103-9zbMath1137.91346OpenAlexW2150977950MaRDI QIDQ813406

Michael H. Birnbaum

Publication date: 8 February 2006

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

Full work available at URL: https://doi.org/10.1007/s11166-005-5103-9

zbMATH Keywords

expected utilitystochastic dominancenonexpected utilitycumulative prospect theorycoalescingrank dependent utilityevent-splitting

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16)

Related Items (9)

The curse of hope ⋮ Non-cooperative games with prospect theory players and dominated strategies ⋮ Probabilistic choice and stochastic dominance ⋮ Almost Stochastic Dominance for Most Risk-Averse Decision Makers ⋮ An experimental investigation of violations of transitivity in choice under uncertainty ⋮ Empirical evaluation of third-generation prospect theory ⋮ Prospect theory for continuous distributions ⋮ Testing lexicographic semiorders as models of decision making: priority dominance, integration, interaction, and transitivity ⋮ Models of risky choice: a state-trace and signed difference analysis

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