Learning to reoptimize consumption at new income levels: A rationale for prospect theory

Journal of the European Economic Association

Volumn 2, Issue 1, 2004, Pages 98-114

  Brunnermeier, Markus K ^a  

^a PRINCETON UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 33745009819     PISSN: 15424766     EISSN: 15424774     Source Type: Journal    
DOI: 10.1162/154247604323015490     Document Type: Article

References (9)

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3. Hey, John D. (1997). "Experiments and the Economics of Individual Decision Making Under Risk and Uncertainty." In Advances in Economics and Econometrics: Theory and Applications, edited by David M. Kreps and Kenneth F. Wallis. Cambridge University Press.
4. Kahneman, Daniel and Amos Tversky (1979). Prospect Theory: An Analysis of Decision Under Risk. Econometrica, 47, 263-291.
5. Koo, Hyeng Keun and Rajdeep Singh (1998). Behavior toward Risk with Non-tradable Commodities, Working paper. Pohang, Korea: Pohang University of Science and Technology and St Louis, Missouri: Washington University.
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8. Rabin, Matthew (1998). Psychology and Economics. Journal ofEconomic Literature, 36, 11-46.
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