Arbeitspapier
Implications of salience theory: Does the independence axiom always hold under uncertainty?
So far, "salience theory of choice under risk" has been mainly applied to situations of risk rather than to those of uncertainty. In this paper, we show that salience theory provides the prediction that Allais paradoxes should never occur in the context of uncertainty. A finding which contra-dicts the scarce evidence existing up to now, and which indicates that further research on the topic is necessary.
- Sprache
-
Englisch
- Erschienen in
-
Series: Volkswirtschaftliche Diskussionsbeiträge ; No. 2018,2
- Klassifikation
-
Wirtschaft
Criteria for Decision-Making under Risk and Uncertainty
- Thema
-
Models of decision-making under risk and uncertainty
Allais paradox
Independence axiom
Salience theory
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ostermair, Christoph
- Ereignis
-
Veröffentlichung
- (wer)
-
Universität der Bundeswehr München, Fachgruppe für Volkswirtschaftslehre
- (wo)
-
Neubiberg
- (wann)
-
2018
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 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
- Arbeitspapier
Beteiligte
- Ostermair, Christoph
- Universität der Bundeswehr München, Fachgruppe für Volkswirtschaftslehre
Entstanden
- 2018
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