Artikel
Random rank-dependent expected utility
We present a novel characterization of random rank-dependent expected utility for finite datasets and finite prizes. As a byproduct, we obtain a characterization of random expected utility that works for finite datasets. The test lends itself to statistical testing. We apply our test to an experimental dataset and find evidence against random expected utility, while random rank-dependent expected utility can explain the dataset.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Games ; ISSN: 2073-4336 ; Volume: 13 ; Year: 2022 ; Issue: 1 ; Pages: 1-10 ; Basel: MDPI
- Klassifikation
-
Wirtschaft
Econometric Modeling: General
Model Construction and Estimation
Model Evaluation, Validation, and Selection
Design of Experiments: Laboratory, Individual
- Thema
-
expected utility
random utility
rank-dependent expected utility
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kashaev, Nail
Aguiar, Victor H.
- Ereignis
-
Veröffentlichung
- (wer)
-
MDPI
- (wo)
-
Basel
- (wann)
-
2022
- DOI
-
doi:10.3390/g13010013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Kashaev, Nail
- Aguiar, Victor H.
- MDPI
Entstanden
- 2022
Ähnliche Objekte (12)
Optimal provision of public goods with rank dependent expected utility
Awareness-dependent subjective expected utility
AN EXPERIMENTAL TEST FOR STABILITY OF THE PROBABILITY TRANSFORMATION FUNCTION IN RANK-DEPENDENT EXPECTED UTILITY THEORY
Rank dependent utility, tax evasion and labor supply
An Experimental Test for Stability of the Transformation Function in Rank-Dependent Expected Utility Theory and Order-Dependent Present Value Theory
Approximate Expected Utility Rationalization
Expected multi-utility representations
Testing choquet expected utility
Approximate Expected Utility Rationalization
Subjective expected utility with state-dependent but action/observation-independent preferences
Risk and Expected Utility Theory
Optimal Incentives without Expected Utility
Optimal provision of public goods with rank dependent expected utility
Awareness-dependent subjective expected utility
AN EXPERIMENTAL TEST FOR STABILITY OF THE PROBABILITY TRANSFORMATION FUNCTION IN RANK-DEPENDENT EXPECTED UTILITY THEORY
Rank dependent utility, tax evasion and labor supply
An Experimental Test for Stability of the Transformation Function in Rank-Dependent Expected Utility Theory and Order-Dependent Present Value Theory
Approximate Expected Utility Rationalization
Expected multi-utility representations
Testing choquet expected utility
Approximate Expected Utility Rationalization
Subjective expected utility with state-dependent but action/observation-independent preferences
Risk and Expected Utility Theory
Optimal Incentives without Expected Utility
Optimal provision of public goods with rank dependent expected utility
Awareness-dependent subjective expected utility
AN EXPERIMENTAL TEST FOR STABILITY OF THE PROBABILITY TRANSFORMATION FUNCTION IN RANK-DEPENDENT EXPECTED UTILITY THEORY
Rank dependent utility, tax evasion and labor supply
An Experimental Test for Stability of the Transformation Function in Rank-Dependent Expected Utility Theory and Order-Dependent Present Value Theory
Approximate Expected Utility Rationalization
Expected multi-utility representations
Testing choquet expected utility
Approximate Expected Utility Rationalization
Subjective expected utility with state-dependent but action/observation-independent preferences
Risk and Expected Utility Theory