The role of markets in reducing expected utility violations

Journal of Political Economy

Volumn 105, Issue 3, 1997, Pages 622-636

  Evans, Dorla A ^a  

^a UNIVERSITY OF ALABAMA IN HUNTSVILLE   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0000546723     PISSN: 00223808     EISSN: None     Source Type: Journal    
DOI: 10.1086/262085     Document Type: Article

References (9)

1. Camerer, Colin F. "Do Biases in Probability Judgment Matter in Markets? Experimental Evidence." A.E.R. 77 (December 1987): 981-97.
2. _. "An Experimental Test of Several Generalized Utility Theories." J. Risk and Uncertainty 2 (April 1989): 61-104.
3. Camerer, Colin F.; Loewenstein, George; and Weber, Martin. "The Curse of Knowledge in Economic Settings: An Experimental Analysis." J.P.E. 97 (October 1989): 1232-54.
4. Cox, James C., and Grether, David M. "The Preference Reversal Phenomenon: Response Mode, Markets and Incentives." Manuscript. Tucson: Univ. Arizona, 1992.
5. Gode, Dhananjay K., and Sunder, Shyam. "Allocative Efficiency of Markets with Zero-Intelligence Traders: Market as a Partial Substitute for Individual Rationality." J.P.E. 101 (February 1993): 119-37.
6. Hoffman, Elizabeth; Menkhaus, Dale J.; Field, R. A.; and Whipple, Glen D. "Using Laboratory Experimental Auctions in Marketing Research: A Case Study of New Packaging for Fresh Beef." Paper presented at the Economic Science Association meetings in Tucson, Spring 1990.
7. Machina, Mark J. "Choice under Uncertainty: Problems Solved and Unsolved." J. Econ. Perspectives 1 (Summer 1987): 121-54.
8. SAS User's Guide: Statistics. Version 5 ed. Cary, N.C.: SAS Inst., 1985.
9. von Neumann, John, and Morgenstern, Oskar. Theory of Games and Economic Behavior. 2d ed. Princeton, N.J.: Princeton Univ. Press, 1947.