Alternation Bias and Sums of Identically Distributed Monetary Lotteries
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More about this item
Keywords
alternation bias; repeated lotteries; expected utility; risk aversion; Markov chain; behavioural finance;All these keywords.
JEL classification:
- D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- G02 - Financial Economics - - General - - - Behavioral Finance: Underlying Principles
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ORE-2015-06-20 (Operations Research)
- NEP-UPT-2015-06-20 (Utility Models and Prospect Theory)
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