Risk aversion in cumulative prospect theory

Management Science

Volumn 54, Issue 1, 2008, Pages 208-216

  Schmidt, Ulrich ^a,b   Zank, Horst ^c  

^a UNIVERSITY OF KIEL   (Germany)

^b KIEL INSTITUTE FOR THE WORLD ECONOMY   (Germany)

^c UNIVERSITY OF MANCHESTER   (United Kingdom)

Author keywords

Cumulative prospect theory; Decision analysis theory; Loss aversion; Risk; Risk aversion; Second order stochastic dominance

Indexed keywords

COST BENEFIT ANALYSIS; DECISION THEORY; RANDOM PROCESSES;

CONCAVE UTILITY FUNCTIONS; CONVEX WEIGHTING FUNCTIONS; DECISION ANALYSIS THEORY; LOSS AVERSION; RISK AVERSION; SECOND ORDER STOCHASTIC DOMINANCE;

RISK ANALYSIS;

EID: 38849152926     PISSN: 00251909     EISSN: 15265501     Source Type: Journal    
DOI: 10.1287/mnsc.1070.0762     Document Type: Article

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