A simple preference foundation of cumulative prospect theory with power utility

European Economic Review

Volumn 46, Issue 7, 2002, Pages 1253-1271

  Wakker, Peter P ^a,c   Zank, Horst ^b  

^a TILBURG UNIVERSITY   (Netherlands)

^b MAASTRICHT UNIVERSITY   (Netherlands)

^c UNIVERSITY OF AMSTERDAM   (Netherlands)

Author keywords

Cumulative prospect theory; Proportional risk aversion; Rank dependent utility

Indexed keywords

POWER GENERATION; THEORETICAL STUDY; UTILITY SECTOR;

EID: 0036303028     PISSN: 00142921     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0014-2921(01)00141-6     Document Type: Article

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