Making descriptive use of prospect theory to improve the prescriptive use of expected utility

Management Science

Volumn 47, Issue 11, 2001, Pages 1498-1514

  Bleichrodt, Han ^a,b,c   Pinto, Jose Luis ^a,b,c   Wakker, Peter P ^a,b,c  

^a ERASMUS UNIVERSITY ROTTERDAM   (Netherlands)

^b DEPARTMENT OF ECONOMICS AND BUSINESS   (Spain)

^c LEIDEN UNIVERSITY MEDICAL CENTER   (Netherlands)

Author keywords

Loss Aversion; Probability Transformation; Utility Elicitation

Indexed keywords

COST EFFECTIVENESS; ERROR ANALYSIS; PROBABILISTIC LOGICS; PUBLIC POLICY;

UTILITY ELICITATION PROCEDURES;

DECISION THEORY;

EID: 0035521143     PISSN: 00251909     EISSN: None     Source Type: Journal    
DOI: 10.1287/mnsc.47.11.1498.10248     Document Type: Article

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