Will a risk-averse decision maker ever really prefer an unfair gamble?

Decision Sciences

Volumn 29, Issue 2, 1998, Pages 517-520

  Horowitz, Ira ^a  

^a UNIVERSITY OF FLORIDA   (United States)

Author keywords

And utility theory; Decision analysis; Risk and uncertainty

Indexed keywords

EID: 0032381913     PISSN: 00117315     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1540-5915.1998.tb01587.x     Document Type: Article

References (2)

1. Menzes, C., Geiss, C., & Tressler, J. (1980). Increasing downside risk. American Economic Review, 70(5), 921-932.
2. Prakash, A. J., Chang, C. H., Hamid, S., & Smyser, M. W. (1996). Why a decision maker may prefer a seemingly unfair gamble. Decision Sciences, 27(2), 239-253.