메뉴 건너뛰기




Volumn , Issue , 2009, Pages 145-173

Prospect theory and the brain

Author keywords

[No Author keywords available]

Indexed keywords


EID: 84882520788     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.1016/B978-0-12-374176-9.00011-7     Document Type: Chapter
Times cited : (104)

References (133)
  • 1
    • 0000341006 scopus 로고    scopus 로고
    • Parameter-free elicitation of utility and probability weighting functions
    • Abdellaoui M. Parameter-free elicitation of utility and probability weighting functions. Management Sci. 2000, 46:1497-1512.
    • (2000) Management Sci. , vol.46 , pp. 1497-1512
    • Abdellaoui, M.1
  • 2
    • 25844486659 scopus 로고    scopus 로고
    • Choice-based elicitation and decomposition of decision weights for gains and losses under uncertainty
    • Abdellaoui M., Vossmann F., Weber M. Choice-based elicitation and decomposition of decision weights for gains and losses under uncertainty. Management Sci. 2005, 51:1384-1399.
    • (2005) Management Sci. , vol.51 , pp. 1384-1399
    • Abdellaoui, M.1    Vossmann, F.2    Weber, M.3
  • 3
    • 33947363727 scopus 로고    scopus 로고
    • Reconciling introspective utility with revealed preference: experimental arguments based on prospect theory
    • Abdellaoui M., Barrios C., Wakker P.P. Reconciling introspective utility with revealed preference: experimental arguments based on prospect theory. J. Econometrics 2007, 138:356-378.
    • (2007) J. Econometrics , vol.138 , pp. 356-378
    • Abdellaoui, M.1    Barrios, C.2    Wakker, P.P.3
  • 4
    • 38549139136 scopus 로고    scopus 로고
    • Measuring loss aversion under prospect thoery: A parameter-free approach
    • Abdellaoui M., Bleichrodt H., Paraschiv C. Measuring loss aversion under prospect thoery: A parameter-free approach. Management Sci. 2007, 53:1659-1674.
    • (2007) Management Sci. , vol.53 , pp. 1659-1674
    • Abdellaoui, M.1    Bleichrodt, H.2    Paraschiv, C.3
  • 5
    • 34548806289 scopus 로고    scopus 로고
    • A tractable method to measure utility and loss aversion under prospect theory
    • Unpublished manuscript, HEC, April.
    • Abdellaoui, M., Bleichrodt, H., L'Haridon, O. (2007c). A tractable method to measure utility and loss aversion under prospect theory. Unpublished manuscript, HEC, April.
    • (2007)
    • Abdellaoui, M.1    Bleichrodt, H.2    L'Haridon, O.3
  • 6
    • 0001248680 scopus 로고
    • Le comportement de l'homme rationel devant le risque, critique des postulates et axiomes de l'école americaine
    • Allais M. Le comportement de l'homme rationel devant le risque, critique des postulates et axiomes de l'école americaine. Econometrica 1953, 21:503-546.
    • (1953) Econometrica , vol.21 , pp. 503-546
    • Allais, M.1
  • 7
    • 0011565498 scopus 로고
    • The so-called Allais paradox and rational decisions under uncertainty
    • Reidel Publishing Company, Dordrecht, O.H.M. Allais (Ed.)
    • Allais M., Hagen O. The so-called Allais paradox and rational decisions under uncertainty. Expected Utility Hypothesis and the Allais Paradox 1979, 434-698. Reidel Publishing Company, Dordrecht. O.H.M. Allais (Ed.).
    • (1979) Expected Utility Hypothesis and the Allais Paradox , pp. 434-698
    • Allais, M.1    Hagen, O.2
  • 8
    • 3142559729 scopus 로고    scopus 로고
    • A componential analysis of task-switching deficits associated with lesions of left and right frontal cortex
    • Aron A.R., Monsell S., Sahakian B.J., Robbins T.W. A componential analysis of task-switching deficits associated with lesions of left and right frontal cortex. Brain 2004, 127:1561-1573.
    • (2004) Brain , vol.127 , pp. 1561-1573
    • Aron, A.R.1    Monsell, S.2    Sahakian, B.J.3    Robbins, T.W.4
  • 9
    • 3142780603 scopus 로고    scopus 로고
    • Human midbrain sensitivity to cognitive feedback and uncertainty during classification learning
    • Aron A.R., Shohamy D., Clark J., et al. Human midbrain sensitivity to cognitive feedback and uncertainty during classification learning. J. Neurophysiol. 2004, 92:1144-1152.
    • (2004) J. Neurophysiol. , vol.92 , pp. 1144-1152
    • Aron, A.R.1    Shohamy, D.2    Clark, J.3
  • 12
    • 0038969031 scopus 로고    scopus 로고
    • A test of the theory of reference-dependent preferences
    • Bateman I., Munro A., Rhodes B., et al. A test of the theory of reference-dependent preferences. Q. J. Economics 1997, 112:470-505.
    • (1997) Q. J. Economics , vol.112 , pp. 470-505
    • Bateman, I.1    Munro, A.2    Rhodes, B.3
  • 13
    • 0035819061 scopus 로고    scopus 로고
    • Reward circuitry activation by noxious thermal stimuli
    • Becerra L., Breiter H.C., Wise R., et al. Reward circuitry activation by noxious thermal stimuli. Neuron 2001, 32:927-946.
    • (2001) Neuron , vol.32 , pp. 927-946
    • Becerra, L.1    Breiter, H.C.2    Wise, R.3
  • 14
    • 0033768705 scopus 로고    scopus 로고
    • Characterization of the decision making deficit of patients with ventromedial prefrontal cortex lesions
    • Bechara A., Tranel D., Damasio H. Characterization of the decision making deficit of patients with ventromedial prefrontal cortex lesions. Brain 2000, 123:2189-2202.
    • (2000) Brain , vol.123 , pp. 2189-2202
    • Bechara, A.1    Tranel, D.2    Damasio, H.3
  • 16
    • 0013770374 scopus 로고
    • Measuring utility by a single-response sequential method
    • Becker G.M., DeGroot M.H., Marschak J. Measuring utility by a single-response sequential method. Behavioral Sci. 1964, 9:226-232.
    • (1964) Behavioral Sci. , vol.9 , pp. 226-232
    • Becker, G.M.1    DeGroot, M.H.2    Marschak, J.3
  • 17
    • 84906006114 scopus 로고
    • Myopic loss aversion and the equity premium puzzle
    • Benartzi S., Thaler R.H. Myopic loss aversion and the equity premium puzzle. Q. J. Economics 1995, 110:73-92.
    • (1995) Q. J. Economics , vol.110 , pp. 73-92
    • Benartzi, S.1    Thaler, R.H.2
  • 18
    • 0003038679 scopus 로고
    • Exposition of a new theory on the measurement of risk
    • 1738, [translation by L. Sommer of D. Bernoulli, 1738, Specimen theoriae novae de mensura sortis, Papers of the Imperial Academy of Science of Saint Peterburg 5, 175-192]
    • Bernoulli, D. (1954/1738). Exposition of a new theory on the measurement of risk [translation by L. Sommer of D. Bernoulli, 1738, Specimen theoriae novae de mensura sortis, Papers of the Imperial Academy of Science of Saint Peterburg 5, 175-192]. Econometrica 22(1), 23-36.
    • (1954) Econometrica , vol.22 , Issue.1 , pp. 23-36
    • Bernoulli, D.1
  • 19
    • 0030950252 scopus 로고    scopus 로고
    • Brain regions responsive to novelty in the absence of awareness
    • Berns G.S., Cohen J.D., Mintun M.A. Brain regions responsive to novelty in the absence of awareness. Science 1997, 276:1272-1275.
    • (1997) Science , vol.276 , pp. 1272-1275
    • Berns, G.S.1    Cohen, J.D.2    Mintun, M.A.3
  • 20
    • 38749132480 scopus 로고    scopus 로고
    • Nonlinear neurobiological probability weighting functions for aversive outcomes
    • Berns G.S., Capra C.M., Chappelow J., et al. Nonlinear neurobiological probability weighting functions for aversive outcomes. NeuroImage 2007, 39:2047-2057.
    • (2007) NeuroImage , vol.39 , pp. 2047-2057
    • Berns, G.S.1    Capra, C.M.2    Chappelow, J.3
  • 21
    • 33847634405 scopus 로고    scopus 로고
    • The debate over dopamine's role in reward: the case for incentive salience
    • Berridge K.C. The debate over dopamine's role in reward: the case for incentive salience. Psychopharmacol. (Berl.) 2007, 191:391-431.
    • (2007) Psychopharmacol. (Berl.) , vol.191 , pp. 391-431
    • Berridge, K.C.1
  • 22
    • 0000341005 scopus 로고    scopus 로고
    • A parameter-free elicitation of the probability weighting function in medical decision analysis
    • Bleichrodt H., Pinto J.L. A parameter-free elicitation of the probability weighting function in medical decision analysis. Management Sci. 2000, 46:1485-1496.
    • (2000) Management Sci. , vol.46 , pp. 1485-1496
    • Bleichrodt, H.1    Pinto, J.L.2
  • 23
    • 0001205698 scopus 로고
    • The effect on the preference-reversal phenomenon of using choice indifferences
    • Bostic R., Herrnstein R., Luce R.D. The effect on the preference-reversal phenomenon of using choice indifferences. J. Econ. Behav. Org. 1990, 13:192-212.
    • (1990) J. Econ. Behav. Org. , vol.13 , pp. 192-212
    • Bostic, R.1    Herrnstein, R.2    Luce, R.D.3
  • 24
    • 0000935059 scopus 로고
    • Violations of the betweenness axiom and nonlinearity in probability
    • Camerer C.F., Ho T.H. Violations of the betweenness axiom and nonlinearity in probability. J. Risk Uncertainty 1994, 8:167-196.
    • (1994) J. Risk Uncertainty , vol.8 , pp. 167-196
    • Camerer, C.F.1    Ho, T.H.2
  • 25
    • 0033270827 scopus 로고    scopus 로고
    • The effects of financial incentives in experiments: a review and capital-labor-production framework
    • Camerer C.F., Hogarth R.M. The effects of financial incentives in experiments: a review and capital-labor-production framework. J. Risk Uncertainty 1999, 19:7-42.
    • (1999) J. Risk Uncertainty , vol.19 , pp. 7-42
    • Camerer, C.F.1    Hogarth, R.M.2
  • 26
    • 34249838202 scopus 로고
    • Recent developments in modeling preferences: uncertainty and ambiguity
    • Camerer C.F., Weber M. Recent developments in modeling preferences: uncertainty and ambiguity. J Risk Uncertainty 1992, 5:325-370.
    • (1992) J Risk Uncertainty , vol.5 , pp. 325-370
    • Camerer, C.F.1    Weber, M.2
  • 27
    • 0031451140 scopus 로고    scopus 로고
    • Labor supply of New York city cab drivers: one day at a time
    • Camerer C., Babcock L., Loewenstein G., Thaler R. Labor supply of New York city cab drivers: one day at a time. Q. J. Economics 1997, 111:408-441.
    • (1997) Q. J. Economics , vol.111 , pp. 408-441
    • Camerer, C.1    Babcock, L.2    Loewenstein, G.3    Thaler, R.4
  • 29
    • 0043286725 scopus 로고    scopus 로고
    • Comparative ignorance and the Ellsberg paradox
    • Chow C.C., Sarin R.K. Comparative ignorance and the Ellsberg paradox. J. Risk Uncertainty 2001, 22:129-139.
    • (2001) J. Risk Uncertainty , vol.22 , pp. 129-139
    • Chow, C.C.1    Sarin, R.K.2
  • 30
    • 0000932820 scopus 로고
    • The peculiar scale economies of Lotto
    • Cook P.J., Clotfelter C.T. The peculiar scale economies of Lotto. Am. Econ. Rev. 1993, 83:634-643.
    • (1993) Am. Econ. Rev. , vol.83 , pp. 634-643
    • Cook, P.J.1    Clotfelter, C.T.2
  • 31
    • 33746896990 scopus 로고    scopus 로고
    • Frames, biases, and rational decision-making in the human brain
    • De Martino B., Kumaran D., Seymour B., Dolan R.J. Frames, biases, and rational decision-making in the human brain. Science 2006, 313:684-687.
    • (2006) Science , vol.313 , pp. 684-687
    • De Martino, B.1    Kumaran, D.2    Seymour, B.3    Dolan, R.J.4
  • 32
    • 84957363402 scopus 로고
    • Risk, ambiguity, and the savage axioms
    • Ellsberg D. Risk, ambiguity, and the savage axioms. Q. J. Economic 1961, 75:643-669.
    • (1961) Q. J. Economic , vol.75 , pp. 643-669
    • Ellsberg, D.1
  • 33
    • 3543005398 scopus 로고    scopus 로고
    • Is probability weighting sensitive to the magnitude of consequences? An experimental investigation on losses
    • Etchart-Vincent N. Is probability weighting sensitive to the magnitude of consequences? An experimental investigation on losses. J. Risk Uncertainty 2004, 28:217-235.
    • (2004) J. Risk Uncertainty , vol.28 , pp. 217-235
    • Etchart-Vincent, N.1
  • 34
    • 10444280816 scopus 로고    scopus 로고
    • Individual differences in trait anxiety predict the response of the basolateral amygdala to unconsciously processed fearful faces
    • Etkin A., Klemenhagen K.C., Dudman J.T., et al. Individual differences in trait anxiety predict the response of the basolateral amygdala to unconsciously processed fearful faces. Neuron 2004, 44:1043-1055.
    • (2004) Neuron , vol.44 , pp. 1043-1055
    • Etkin, A.1    Klemenhagen, K.C.2    Dudman, J.T.3
  • 35
    • 35348919381 scopus 로고    scopus 로고
    • Do workers work more if wages are high? Evidence from a randomized field experiment
    • Fehr E., Gotte L. Do workers work more if wages are high? Evidence from a randomized field experiment. Am. Econ. Rev. 2007, 97:298-317.
    • (2007) Am. Econ. Rev. , vol.97 , pp. 298-317
    • Fehr, E.1    Gotte, L.2
  • 36
    • 84882505387 scopus 로고    scopus 로고
    • Rationality on the rise: why relative risk aversion increases with stake size
    • Working Paper #0708, University of Zurich.
    • Fehr-Duda, H., Bruin, A., Epper, T. F., and Schubert, R. (2007). Rationality on the rise: why relative risk aversion increases with stake size. Working Paper #0708, University of Zurich.
    • (2007)
    • Fehr-Duda, H.1    Bruin, A.2    Epper, T.F.3    Schubert, R.4
  • 37
    • 0032252483 scopus 로고    scopus 로고
    • Measuring the utility of losses by means of the tradeoff method
    • Fennema H., Van Assen M. Measuring the utility of losses by means of the tradeoff method. J. Risk Uncertainty 1999, 17:277-295.
    • (1999) J. Risk Uncertainty , vol.17 , pp. 277-295
    • Fennema, H.1    Van Assen, M.2
  • 38
    • 21444457003 scopus 로고    scopus 로고
    • Original and cumulative prospect theory: a discussion of empirical differences
    • Fennema H., Wakker P. Original and cumulative prospect theory: a discussion of empirical differences. J. Behav. Decision Making 1997, 10:53-64.
    • (1997) J. Behav. Decision Making , vol.10 , pp. 53-64
    • Fennema, H.1    Wakker, P.2
  • 39
    • 0033283299 scopus 로고    scopus 로고
    • Goal-based construction of preferences: task goals and the prominence effect
    • Fischer G.W., Carmon Z., Ariely D., Zauberman G. Goal-based construction of preferences: task goals and the prominence effect. Management Sci. 1999, 45:1057-1075.
    • (1999) Management Sci. , vol.45 , pp. 1057-1075
    • Fischer, G.W.1    Carmon, Z.2    Ariely, D.3    Zauberman, G.4
  • 40
    • 84989436555 scopus 로고
    • Two-piece von Neumann-Morgenstern utility functions
    • Fishburn P., Kochenberger G. Two-piece von Neumann-Morgenstern utility functions. Decision Sci. 1979, 10:503-518.
    • (1979) Decision Sci. , vol.10 , pp. 503-518
    • Fishburn, P.1    Kochenberger, G.2
  • 41
    • 43049169845 scopus 로고    scopus 로고
    • "Decisions from experience"=sampling error+prospect theory: reconsidering Hertwig, Barron, Weber and Erev (2004)
    • Fox C.R., Hadar L. "Decisions from experience"=sampling error+prospect theory: reconsidering Hertwig, Barron, Weber and Erev (2004). Judgment Decision Making 2006, 1:159-161.
    • (2006) Judgment Decision Making , vol.1 , pp. 159-161
    • Fox, C.R.1    Hadar, L.2
  • 42
    • 2442563262 scopus 로고    scopus 로고
    • Belief and preference in decision under uncertainty
    • Wiley, New York, NY, D. Hardman, L. Macchi (Eds.)
    • Fox C.R., See K.S. Belief and preference in decision under uncertainty. Reasoning and Decision Making: Current Trends and Perspectives 2003, 273-314. Wiley, New York, NY. D. Hardman, L. Macchi (Eds.).
    • (2003) Reasoning and Decision Making: Current Trends and Perspectives , pp. 273-314
    • Fox, C.R.1    See, K.S.2
  • 43
    • 21844491157 scopus 로고
    • Ambiguity aversion and comparative ignorance
    • Fox C.R., Tversky A. Ambiguity aversion and comparative ignorance. Q. J. Economics 1995, 110:585-603.
    • (1995) Q. J. Economics , vol.110 , pp. 585-603
    • Fox, C.R.1    Tversky, A.2
  • 44
    • 0032114892 scopus 로고    scopus 로고
    • A belief-based account of decision under uncertainty
    • Fox C.R., Tversky A. A belief-based account of decision under uncertainty. Management Sci. 1998, 44:879-895.
    • (1998) Management Sci. , vol.44 , pp. 879-895
    • Fox, C.R.1    Tversky, A.2
  • 45
    • 0036258384 scopus 로고    scopus 로고
    • Ambiguity aversion, comparative ignorance, and decision context
    • Fox C.R., Weber M. Ambiguity aversion, comparative ignorance, and decision context. Org. Behav. Hum. Dec. Proc. 2002, 88:476-498.
    • (2002) Org. Behav. Hum. Dec. Proc. , vol.88 , pp. 476-498
    • Fox, C.R.1    Weber, M.2
  • 46
    • 0000815950 scopus 로고
    • Investor diversification and international equity markets
    • French K.R., Poterba J.M. Investor diversification and international equity markets. Am. Econ. Rev. 1991, 81:222-226.
    • (1991) Am. Econ. Rev. , vol.81 , pp. 222-226
    • French, K.R.1    Poterba, J.M.2
  • 47
    • 58149372717 scopus 로고
    • Expression theory and the preference reversal phenomenon
    • Goldstein W.M., Einhorn H.J. Expression theory and the preference reversal phenomenon. Psychological Rev. 1987, 94:236-254.
    • (1987) Psychological Rev. , vol.94 , pp. 236-254
    • Goldstein, W.M.1    Einhorn, H.J.2
  • 48
    • 0033071923 scopus 로고    scopus 로고
    • On the shape of the probability weighting function
    • Gonzalez R., Wu G. On the shape of the probability weighting function. Cogn. Psychol. 1999, 38:129-166.
    • (1999) Cogn. Psychol. , vol.38 , pp. 129-166
    • Gonzalez, R.1    Wu, G.2
  • 49
    • 17744364304 scopus 로고    scopus 로고
    • Composition rules in original and cumulative prospect theory
    • Unpublished Paper.
    • Gonzalez, R. and Wu, G. (2003). Composition rules in original and cumulative prospect theory. Unpublished Paper.
    • (2003)
    • Gonzalez, R.1    Wu, G.2
  • 50
    • 0035860542 scopus 로고    scopus 로고
    • An fMRI investigation of emotional engagement in moral judgment
    • Greene J.D., Sommerville R.B., Nystrom L.E., et al. An fMRI investigation of emotional engagement in moral judgment. Science 2001, 293:2105-2108.
    • (2001) Science , vol.293 , pp. 2105-2108
    • Greene, J.D.1    Sommerville, R.B.2    Nystrom, L.E.3
  • 51
    • 84882533319 scopus 로고    scopus 로고
    • Deconstructing Uncertainty: The Impact of Experience, Belief, and Preference on Decisions
    • Working Paper, UCLA.
    • Hadar, L. and Fox, C.R. (2008). Deconstructing Uncertainty: The Impact of Experience, Belief, and Preference on Decisions. Working Paper, UCLA.
    • (2008)
    • Hadar, L.1    Fox, C.R.2
  • 52
    • 21344477719 scopus 로고
    • Modeling loss aversion and reference dependence effects on brand choice
    • Hardie B.G.S., Johnson E.J., Fader P.S. Modeling loss aversion and reference dependence effects on brand choice. Marketing Sci. 1993, 12:378-394.
    • (1993) Marketing Sci. , vol.12 , pp. 378-394
    • Hardie, B.G.S.1    Johnson, E.J.2    Fader, P.S.3
  • 53
    • 0000520272 scopus 로고
    • The predictive utility of generalized expected utility theories
    • Harless D.W., Camerer C.F. The predictive utility of generalized expected utility theories. Econometrica 1994, 62:1251-1290.
    • (1994) Econometrica , vol.62 , pp. 1251-1290
    • Harless, D.W.1    Camerer, C.F.2
  • 54
    • 38249043797 scopus 로고
    • An experimental test for risk aversion
    • Harrison G.W. An experimental test for risk aversion. Economic letters 1986, 21:7-11.
    • (1986) Economic letters , vol.21 , pp. 7-11
    • Harrison, G.W.1
  • 55
    • 0038880247 scopus 로고
    • Preference and belief: ambiguity and competence in choice under uncertainty
    • Heath C., Tversky A. Preference and belief: ambiguity and competence in choice under uncertainty. J. Risk Uncertainty 1991, 4:5-28.
    • (1991) J. Risk Uncertainty , vol.4 , pp. 5-28
    • Heath, C.1    Tversky, A.2
  • 57
    • 0001014972 scopus 로고
    • Prospect theory's reflection hypothesis: a critical examination
    • Hershey J.C., Schoemaker P.J.H. Prospect theory's reflection hypothesis: a critical examination. Org. Behav. Hum. Dec. Proc. 1980, 25:395-418.
    • (1980) Org. Behav. Hum. Dec. Proc. , vol.25 , pp. 395-418
    • Hershey, J.C.1    Schoemaker, P.J.H.2
  • 58
    • 0000063149 scopus 로고
    • Probability versus certainty equivalence methods in utility measurement: are they equivalent?
    • Hershey J.C., Schoemaker P.J.H. Probability versus certainty equivalence methods in utility measurement: are they equivalent?. Management Sci. 1985, 31:1213-1231.
    • (1985) Management Sci. , vol.31 , pp. 1213-1231
    • Hershey, J.C.1    Schoemaker, P.J.H.2
  • 59
    • 0034775013 scopus 로고    scopus 로고
    • Experimental practices in economics: a methodological challenge for psychologists?
    • Hertwig R., Ortmann A. Experimental practices in economics: a methodological challenge for psychologists?. Behav. Brain Sci. 2001, 24:383-451.
    • (2001) Behav. Brain Sci. , vol.24 , pp. 383-451
    • Hertwig, R.1    Ortmann, A.2
  • 60
    • 4043119771 scopus 로고    scopus 로고
    • Decisions from experience and the effect of rare events in risky choice
    • Hertwig R., Barron G., Weber E.U., Erev I. Decisions from experience and the effect of rare events in risky choice. Psychological Sci. 2004, 15:534-539.
    • (2004) Psychological Sci. , vol.15 , pp. 534-539
    • Hertwig, R.1    Barron, G.2    Weber, E.U.3    Erev, I.4
  • 61
    • 0000627719 scopus 로고
    • Investigating generalizations of expected utility theory using experimental data
    • Hey J.D., Orme C. Investigating generalizations of expected utility theory using experimental data. Econometrica 1994, 62:1291-1326.
    • (1994) Econometrica , vol.62 , pp. 1291-1326
    • Hey, J.D.1    Orme, C.2
  • 62
    • 0037756148 scopus 로고    scopus 로고
    • Risk aversion and incentive effects
    • Holt C.A., Laury S.K. Risk aversion and incentive effects. Am. Econ. Rev. 2002, 92:1644-1655.
    • (2002) Am. Econ. Rev. , vol.92 , pp. 1644-1655
    • Holt, C.A.1    Laury, S.K.2
  • 64
    • 28844452879 scopus 로고    scopus 로고
    • Neural systems responding to degrees of uncertainty in human decision making
    • Hsu M., Bhatt M., Adolphs R., et al. Neural systems responding to degrees of uncertainty in human decision making. Science 2005, 310:1680-1683.
    • (2005) Science , vol.310 , pp. 1680-1683
    • Hsu, M.1    Bhatt, M.2    Adolphs, R.3
  • 65
    • 84882513887 scopus 로고    scopus 로고
    • Neural Evidence for Nonlinear Probabilities in Risky Choice
    • Working Paper, California Institute of Technology.
    • Hsu, M., Zhao, C., and Camerer, C.F. (2008). Neural Evidence for Nonlinear Probabilities in Risky Choice. Working Paper, California Institute of Technology.
    • (2008)
    • Hsu, M.1    Zhao, C.2    Camerer, C.F.3
  • 66
    • 0000317833 scopus 로고
    • An introduction to Bernoullian Utility Theory, I
    • Jensen N.E. An introduction to Bernoullian Utility Theory, I. Swedish J. Economics 1967, 69:163-183.
    • (1967) Swedish J. Economics , vol.69 , pp. 163-183
    • Jensen, N.E.1
  • 67
    • 0642284005 scopus 로고    scopus 로고
    • Do defaults save lives?
    • Johnson E.J., Goldstein D. Do defaults save lives?. Science 2003, 302:1338-1339.
    • (2003) Science , vol.302 , pp. 1338-1339
    • Johnson, E.J.1    Goldstein, D.2
  • 68
    • 58449131418 scopus 로고    scopus 로고
    • Exploring the Nature of Loss Aversion
    • IZA Discussion Paper, No. 2015.
    • Johnson, E.J., Gächter, S., and Herrmann, A. (2007). Exploring the Nature of Loss Aversion. IZA Discussion Paper, No. 2015.
    • (2007)
    • Johnson, E.J.1    Gächter, S.2    Herrmann, A.3
  • 69
    • 0000125532 scopus 로고
    • Prospect theory: an analysis of decision under risk
    • Kahneman D., Tversky A. Prospect theory: an analysis of decision under risk. Econometrica 1979, 4:263-291.
    • (1979) Econometrica , vol.4 , pp. 263-291
    • Kahneman, D.1    Tversky, A.2
  • 70
    • 0001076162 scopus 로고
    • Loss aversion in riskless choice: a reference-dependent model
    • Kahneman D., Tversky A. Loss aversion in riskless choice: a reference-dependent model. Q. J. Economics 1991, 106:1039-1061.
    • (1991) Q. J. Economics , vol.106 , pp. 1039-1061
    • Kahneman, D.1    Tversky, A.2
  • 71
    • 0000744908 scopus 로고
    • Fairness as a constraint on profit seeking: entitlements in markets
    • Kahneman D., Knetch J.L., Thaler R.H. Fairness as a constraint on profit seeking: entitlements in markets. Am. Econ. Rev. 1986, 76:728-741.
    • (1986) Am. Econ. Rev. , vol.76 , pp. 728-741
    • Kahneman, D.1    Knetch, J.L.2    Thaler, R.H.3
  • 72
    • 84936526580 scopus 로고
    • Experimental tests of the endowment effect and the Coase theorem
    • Kahneman D., Knetsch J.L., Thaler R.H. Experimental tests of the endowment effect and the Coase theorem. J. Political Econ. 1990, 98:1325-1348.
    • (1990) J. Political Econ. , vol.98 , pp. 1325-1348
    • Kahneman, D.1    Knetsch, J.L.2    Thaler, R.H.3
  • 73
    • 0001592419 scopus 로고    scopus 로고
    • Back to Bentham? Explorations of experienced utility
    • Kahneman D., Wakker P.P., Sarin R. Back to Bentham? Explorations of experienced utility. Q. J. Economics 1997, 112:375-405.
    • (1997) Q. J. Economics , vol.112 , pp. 375-405
    • Kahneman, D.1    Wakker, P.P.2    Sarin, R.3
  • 74
    • 0001644358 scopus 로고
    • "Preference reversal" and the observability of preferences by experimental methods
    • Karni E., Safra Z. "Preference reversal" and the observability of preferences by experimental methods. Econometrica 1987, 55:675-685.
    • (1987) Econometrica , vol.55 , pp. 675-685
    • Karni, E.1    Safra, Z.2
  • 75
    • 0035707575 scopus 로고    scopus 로고
    • What determines the shape of the probability weighting function under uncertainty?
    • Kilka M., Weber M. What determines the shape of the probability weighting function under uncertainty?. Management Sci. 2001, 47:1712-1726.
    • (2001) Management Sci. , vol.47 , pp. 1712-1726
    • Kilka, M.1    Weber, M.2
  • 76
    • 0000615794 scopus 로고
    • The endowment effect and evidence of nonreversible indifference curves
    • Knetsch J.L. The endowment effect and evidence of nonreversible indifference curves. Economic Rev. 1989, 79:1277-1284.
    • (1989) Economic Rev. , vol.79 , pp. 1277-1284
    • Knetsch, J.L.1
  • 78
    • 23344445294 scopus 로고    scopus 로고
    • Functional magnetic resonance imaging of reward prediction
    • Knutson B., Cooper J.C. Functional magnetic resonance imaging of reward prediction. Curr. Opin. Neurol. 2005, 18:411-417.
    • (2005) Curr. Opin. Neurol. , vol.18 , pp. 411-417
    • Knutson, B.1    Cooper, J.C.2
  • 79
    • 33845703551 scopus 로고    scopus 로고
    • Neural predictors of purchases
    • Knutson B., Rick S., Wimmer G.E., et al. Neural predictors of purchases. Neuron 2007, 53:147-156.
    • (2007) Neuron , vol.53 , pp. 147-156
    • Knutson, B.1    Rick, S.2    Wimmer, G.E.3
  • 80
    • 0002494354 scopus 로고
    • The influence of probability on risky choice - a parametric examination
    • Lattimore P.K., Baker J.R., Witte A.D. The influence of probability on risky choice - a parametric examination. J. Econ. Behav. Org. 1992, 17:377-400.
    • (1992) J. Econ. Behav. Org. , vol.17 , pp. 377-400
    • Lattimore, P.K.1    Baker, J.R.2    Witte, A.D.3
  • 82
    • 84935677951 scopus 로고
    • Anticipation and the valuation of delayed consumption
    • Loewenstein G. Anticipation and the valuation of delayed consumption. Economic J. 1987, 97:666-684.
    • (1987) Economic J. , vol.97 , pp. 666-684
    • Loewenstein, G.1
  • 83
    • 0000581404 scopus 로고
    • Incorporating a stochastic element into decision theories
    • Loomes G., Sugden G. Incorporating a stochastic element into decision theories. Eur. Econ. Rev. 1995, 39:641-648.
    • (1995) Eur. Econ. Rev. , vol.39 , pp. 641-648
    • Loomes, G.1    Sugden, G.2
  • 84
    • 0032455677 scopus 로고    scopus 로고
    • Testing different stochastic specifications of risky choice
    • Loomes G., Sugden G. Testing different stochastic specifications of risky choice. Economica 1998, 65:581-598.
    • (1998) Economica , vol.65 , pp. 581-598
    • Loomes, G.1    Sugden, G.2
  • 86
    • 0002408974 scopus 로고
    • Rank- and sign-dependent linear utility models for finite first-order gambles
    • Luce R.D., Fishburn P.C. Rank- and sign-dependent linear utility models for finite first-order gambles. J. Risk Uncertainty 1991, 4:29-59.
    • (1991) J. Risk Uncertainty , vol.4 , pp. 29-59
    • Luce, R.D.1    Fishburn, P.C.2
  • 87
    • 0023456474 scopus 로고
    • Managerial perspectives on risk and risk-taking
    • March J.G., Shapira Z. Managerial perspectives on risk and risk-taking. Management Sci. 1987, 33:1404-1418.
    • (1987) Management Sci. , vol.33 , pp. 1404-1418
    • March, J.G.1    Shapira, Z.2
  • 88
    • 0020026522 scopus 로고
    • On the elicitation of preferences for alternative therapies
    • McNeil B.J., Pauker S.G., Sox H.C., Tversky A. On the elicitation of preferences for alternative therapies. New Engl. J. Med. 1982, 306:1259-1262.
    • (1982) New Engl. J. Med. , vol.306 , pp. 1259-1262
    • McNeil, B.J.1    Pauker, S.G.2    Sox, H.C.3    Tversky, A.4
  • 89
    • 0010104544 scopus 로고    scopus 로고
    • Are investors reluctant to realize their losses?
    • Odean T. Are investors reluctant to realize their losses?. J. Finance 1998, 53:1775-1798.
    • (1998) J. Finance , vol.53 , pp. 1775-1798
    • Odean, T.1
  • 90
    • 33646566317 scopus 로고    scopus 로고
    • Neurons in the orbitofrontal cortex encode economic value
    • Padoa-Schioppa C., Assad J.A. Neurons in the orbitofrontal cortex encode economic value. Nature 2006, 441:223-226.
    • (2006) Nature , vol.441 , pp. 223-226
    • Padoa-Schioppa, C.1    Assad, J.A.2
  • 91
    • 33645122616 scopus 로고    scopus 로고
    • Anterior cingulate activity modulates nonlinear decision weight function of uncertain prospects
    • Paulus M.P., Frank L.R. Anterior cingulate activity modulates nonlinear decision weight function of uncertain prospects. Neuroimage 2006, 30:668-677.
    • (2006) Neuroimage , vol.30 , pp. 668-677
    • Paulus, M.P.1    Frank, L.R.2
  • 92
    • 0001150329 scopus 로고
    • Further tests of aspiration level effects in risky choice
    • Payne J.W., Laughhunn D.J., Crum R. Further tests of aspiration level effects in risky choice. Management Sci. 1981, 27:953-958.
    • (1981) Management Sci. , vol.27 , pp. 953-958
    • Payne, J.W.1    Laughhunn, D.J.2    Crum, R.3
  • 94
    • 34548651404 scopus 로고    scopus 로고
    • Orbitofrontal cortex encodes willingness to pay in everyday economic transactions
    • Plassmann H., O'Doherty J., Rangel A. Orbitofrontal cortex encodes willingness to pay in everyday economic transactions. J. Neurosci. 2007, 27:9984-9988.
    • (2007) J. Neurosci. , vol.27 , pp. 9984-9988
    • Plassmann, H.1    O'Doherty, J.2    Rangel, A.3
  • 95
    • 31744432037 scopus 로고    scopus 로고
    • Can cognitive processes be inferred from neuroimaging data?
    • Poldrack R.A. Can cognitive processes be inferred from neuroimaging data?. Trends Cogn. Sci. 2006, 10:59-63.
    • (2006) Trends Cogn. Sci. , vol.10 , pp. 59-63
    • Poldrack, R.A.1
  • 96
    • 0001750296 scopus 로고    scopus 로고
    • The probability weighting function
    • Prelec D. The probability weighting function. Econometrica 1998, 66:497-527.
    • (1998) Econometrica , vol.66 , pp. 497-527
    • Prelec, D.1
  • 97
    • 85098026848 scopus 로고    scopus 로고
    • Compound invariant weighting functions in prospect theory
    • Cambridge University Press, Cambridge, D. Kahneman, A. Tversky (Eds.)
    • Prelec D. Compound invariant weighting functions in prospect theory. Choices, Values, and Frames 2000, 67-92. Cambridge University Press, Cambridge. D. Kahneman, A. Tversky (Eds.).
    • (2000) Choices, Values, and Frames , pp. 67-92
    • Prelec, D.1
  • 98
    • 33746711623 scopus 로고    scopus 로고
    • Neural differentiation of expected reward and risk in human subcortical structures
    • Preuschoff K., Bossaerts P., Quartz S.R. Neural differentiation of expected reward and risk in human subcortical structures. Neuron 2006, 51:381-390.
    • (2006) Neuron , vol.51 , pp. 381-390
    • Preuschoff, K.1    Bossaerts, P.2    Quartz, S.R.3
  • 99
    • 0001006304 scopus 로고    scopus 로고
    • Risk aversion and expected-utility theory: a calibration theorem
    • Rabin M. Risk aversion and expected-utility theory: a calibration theorem. Econometrica 2000, 68:1281-1292.
    • (2000) Econometrica , vol.68 , pp. 1281-1292
    • Rabin, M.1
  • 100
    • 0031112849 scopus 로고    scopus 로고
    • Unpacking, repacking, and anchoring: advances in support theory
    • Rottenstreich Y., Tversky A. Unpacking, repacking, and anchoring: advances in support theory. Psychological Rev. 1997, 2:406-415.
    • (1997) Psychological Rev. , vol.2 , pp. 406-415
    • Rottenstreich, Y.1    Tversky, A.2
  • 103
    • 15744377409 scopus 로고    scopus 로고
    • The dark side of emotion in decision making: when individuals with decreased emotional reactions make more advantageous decisions
    • Shiv B., Loewenstein G., Bechara A. The dark side of emotion in decision making: when individuals with decreased emotional reactions make more advantageous decisions. Cogn. Brain Res. 2005, 23:85-92.
    • (2005) Cogn. Brain Res. , vol.23 , pp. 85-92
    • Shiv, B.1    Loewenstein, G.2    Bechara, A.3
  • 104
    • 0023324565 scopus 로고
    • Perception of risk
    • Slovic P. Perception of risk. Science 1987, 236:280-285.
    • (1987) Science , vol.236 , pp. 280-285
    • Slovic, P.1
  • 105
    • 33646697781 scopus 로고    scopus 로고
    • Cumulative prospect theory's functional menagerie
    • Stott H.P. Cumulative prospect theory's functional menagerie. J. Risk Uncertainty 2006, 32:101-130.
    • (2006) J. Risk Uncertainty , vol.32 , pp. 101-130
    • Stott, H.P.1
  • 106
    • 0041906953 scopus 로고
    • Toward a positive theory of consumer choice
    • Thaler R. Toward a positive theory of consumer choice. J. Econ. Behav. Org. 1980, 1:39-60.
    • (1980) J. Econ. Behav. Org. , vol.1 , pp. 39-60
    • Thaler, R.1
  • 107
    • 0000538440 scopus 로고
    • Mental accounting and consumer choice
    • Thaler R.H. Mental accounting and consumer choice. Marketing Sci. 1985, 4:199-214.
    • (1985) Marketing Sci. , vol.4 , pp. 199-214
    • Thaler, R.H.1
  • 108
  • 109
    • 0000630111 scopus 로고
    • Gambling with the house money and trying to break even: the effects of prior outcomes on risky choice
    • Thaler R.H., Johnson E.J. Gambling with the house money and trying to break even: the effects of prior outcomes on risky choice. Management Sci. 1990, 36:643-660.
    • (1990) Management Sci. , vol.36 , pp. 643-660
    • Thaler, R.H.1    Johnson, E.J.2
  • 110
    • 33846587385 scopus 로고    scopus 로고
    • The neural basis of loss aversion in decision making under risk
    • Tom S.M., Fox C.R., Trepel C., Poldrack R.A. The neural basis of loss aversion in decision making under risk. Science 2007, 315:515-518.
    • (2007) Science , vol.315 , pp. 515-518
    • Tom, S.M.1    Fox, C.R.2    Trepel, C.3    Poldrack, R.A.4
  • 111
    • 15744398936 scopus 로고    scopus 로고
    • Prospect theory on the brain? Toward a cognitive neuroscience of decision under risk
    • Trepel C., Fox C.R., Poldrack R.A. Prospect theory on the brain? Toward a cognitive neuroscience of decision under risk. Brain Res. Cogn. Brain Res. 2005, 23:34-50.
    • (2005) Brain Res. Cogn. Brain Res. , vol.23 , pp. 34-50
    • Trepel, C.1    Fox, C.R.2    Poldrack, R.A.3
  • 112
    • 0001383436 scopus 로고
    • Additivity, utility, and subjective probability
    • Tversky A. Additivity, utility, and subjective probability. J. Math. Psychol. 1967, 4:175-201.
    • (1967) J. Math. Psychol. , vol.4 , pp. 175-201
    • Tversky, A.1
  • 113
    • 11944257940 scopus 로고
    • Weighing risk and uncertainty
    • Tversky A., Fox C.R. Weighing risk and uncertainty. Psychological Rev. 1995, 102:269-283.
    • (1995) Psychological Rev. , vol.102 , pp. 269-283
    • Tversky, A.1    Fox, C.R.2
  • 114
    • 0001371984 scopus 로고
    • Rational choice and the framing of decisions
    • Tversky A., Kahneman D. Rational choice and the framing of decisions. J. Business 1986, 59(2):S251-S278.
    • (1986) J. Business , vol.59 , Issue.2
    • Tversky, A.1    Kahneman, D.2
  • 115
    • 31744450082 scopus 로고
    • Advances in prospect theory - cumulative representation of uncertainty
    • Tversky A., Kahneman D. Advances in prospect theory - cumulative representation of uncertainty. J. Risk Uncertainty 1992, 5:297-323.
    • (1992) J. Risk Uncertainty , vol.5 , pp. 297-323
    • Tversky, A.1    Kahneman, D.2
  • 116
    • 12044256982 scopus 로고
    • Support theory: a nonextensional representation of subjective probability
    • Tversky A., Koehler D.J. Support theory: a nonextensional representation of subjective probability. Psychological Rev. 1994, 101:547-567.
    • (1994) Psychological Rev. , vol.101 , pp. 547-567
    • Tversky, A.1    Koehler, D.J.2
  • 117
    • 0029195485 scopus 로고
    • Risk attitudes and decision weights
    • Tversky A., Wakker P. Risk attitudes and decision weights. Econometrica 1995, 63:1255-1280.
    • (1995) Econometrica , vol.63 , pp. 1255-1280
    • Tversky, A.1    Wakker, P.2
  • 119
    • 54249120596 scopus 로고    scopus 로고
    • A midpoint technique for easily measuring prospect theory's probability weighting
    • Working Paper, Econometric Institute, Erasmus University, Rotterdam.
    • van de Kuilen, G., Wakker, P.P., and Zou, L. (2006). A midpoint technique for easily measuring prospect theory's probability weighting. Working Paper, Econometric Institute, Erasmus University, Rotterdam.
    • (2006)
    • van de Kuilen, G.1    Wakker, P.P.2    Zou, L.3
  • 121
    • 0008746643 scopus 로고    scopus 로고
    • Testing and characterizing properties of nonadditive measures through violations of the sure-thing principle
    • Wakker P.P. Testing and characterizing properties of nonadditive measures through violations of the sure-thing principle. Econometrica 2001, 69:1039-1059.
    • (2001) Econometrica , vol.69 , pp. 1039-1059
    • Wakker, P.P.1
  • 122
    • 0742323856 scopus 로고    scopus 로고
    • On the composition of risk preference and belief
    • Wakker P.P. On the composition of risk preference and belief. Psychological Rev. 2004, 111:236-241.
    • (2004) Psychological Rev. , vol.111 , pp. 236-241
    • Wakker, P.P.1
  • 123
    • 0001070381 scopus 로고    scopus 로고
    • Eliciting von Neumann-Morgenstern utilities when probabilities are distorted or unknown
    • Wakker P., Deneffe D. Eliciting von Neumann-Morgenstern utilities when probabilities are distorted or unknown. Management Sci. 1996, 42:1131-1150.
    • (1996) Management Sci. , vol.42 , pp. 1131-1150
    • Wakker, P.1    Deneffe, D.2
  • 124
    • 0000056964 scopus 로고
    • An axiomatization of cumulative prospect theory
    • Wakker P., Tversky A. An axiomatization of cumulative prospect theory. J. Risk Uncertainty 1993, 7:147-176.
    • (1993) J. Risk Uncertainty , vol.7 , pp. 147-176
    • Wakker, P.1    Tversky, A.2
  • 126
    • 33846909277 scopus 로고    scopus 로고
    • Neural evidence for reference-dependence in real-market-transactions
    • Weber B., Aholt A., Neuhaus C., et al. Neural evidence for reference-dependence in real-market-transactions. Neuroimage 2007, 35:441-447.
    • (2007) Neuroimage , vol.35 , pp. 441-447
    • Weber, B.1    Aholt, A.2    Neuhaus, C.3
  • 127
    • 35348930632 scopus 로고    scopus 로고
    • Neural correlates of adaptive decision making for risky gains and losses
    • Weller J.A., Levin I.P., Shiv B., Bechara A. Neural correlates of adaptive decision making for risky gains and losses. Psychological Sci. 2007, 18:958-964.
    • (2007) Psychological Sci. , vol.18 , pp. 958-964
    • Weller, J.A.1    Levin, I.P.2    Shiv, B.3    Bechara, A.4
  • 128
    • 33745997993 scopus 로고    scopus 로고
    • On framing effects in decision making: linking lateral versus medial orbitofrontal cortex activation to choice outcome processing
    • Windmann S., Kirsch P., Mier D., et al. On framing effects in decision making: linking lateral versus medial orbitofrontal cortex activation to choice outcome processing. J Cogn. Neurosci. 2006, 18:1198-1211.
    • (2006) J Cogn. Neurosci. , vol.18 , pp. 1198-1211
    • Windmann, S.1    Kirsch, P.2    Mier, D.3
  • 129
    • 0001126729 scopus 로고    scopus 로고
    • Curvature of the probability weighting function
    • Wu G., Gonzalez R. Curvature of the probability weighting function. Management Sci. 1996, 42:1676-1690.
    • (1996) Management Sci. , vol.42 , pp. 1676-1690
    • Wu, G.1    Gonzalez, R.2
  • 130
    • 0032379031 scopus 로고    scopus 로고
    • Common consequence conditions in decision making under risk
    • Wu G., Gonzalez R. Common consequence conditions in decision making under risk. J. Risk Uncertainty 1998, 16:115-139.
    • (1998) J. Risk Uncertainty , vol.16 , pp. 115-139
    • Wu, G.1    Gonzalez, R.2
  • 131
    • 0032630986 scopus 로고    scopus 로고
    • Nonlinear decision weights in choice under uncertainty
    • Wu G., Gonzalez R. Nonlinear decision weights in choice under uncertainty. Management Sci. 1999, 45:74-85.
    • (1999) Management Sci. , vol.45 , pp. 74-85
    • Wu, G.1    Gonzalez, R.2
  • 133
    • 0033932071 scopus 로고    scopus 로고
    • Testing for neural responses during temporal components of trials with BOLD fMRI
    • Zarahn E. Testing for neural responses during temporal components of trials with BOLD fMRI. Neuroimage 2000, 11:783-796.
    • (2000) Neuroimage , vol.11 , pp. 783-796
    • Zarahn, E.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.