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An Experimental Test of Several Generalized Utility Theories

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Cited by:

  1. John Hey & Andrea Morone & Ulrich Schmidt, 2009. "Noise and bias in eliciting preferences," Journal of Risk and Uncertainty, Springer, vol. 39(3), pages 213-235, December.
  2. Simone Cerreia‐Vioglio & David Dillenberger & Pietro Ortoleva, 2015. "Cautious Expected Utility and the Certainty Effect," Econometrica, Econometric Society, vol. 83, pages 693-728, March.
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  4. González-Vallejo, Claudia & Harman, Jason L. & Mullet, Etienne & Muñoz Sastre, Maria T., 2012. "An examination of the proportional difference model to describe and predict health decisions," Organizational Behavior and Human Decision Processes, Elsevier, vol. 118(1), pages 82-97.
  5. John Hey & Jinkwon Lee, 2005. "Do Subjects Separate (or Are They Sophisticated)?," Experimental Economics, Springer;Economic Science Association, vol. 8(3), pages 233-265, September.
  6. Aleksandr Alekseev, 2022. "Give me a challenge or give me a raise," Experimental Economics, Springer;Economic Science Association, vol. 25(1), pages 170-202, February.
  7. Mark Dean & John McNeil, 2014. "Preference for Flexibility and Random Choice: an Experimental Analysis," Working Papers 2014-10, Brown University, Department of Economics.
  8. Epstein, Larry G. & Zin, Stanley E., 2001. "The independence axiom and asset returns," Journal of Empirical Finance, Elsevier, vol. 8(5), pages 537-572, December.
  9. Jonathan J. Rolison & Yaniv Hanoch & Michaela Gummerum, 2013. "When Opportunity Matters: Comparing the Risk‐Taking Attitudes of Prisoners and Recently Released Ex‐Prisoners," Risk Analysis, John Wiley & Sons, vol. 33(11), pages 2013-2022, November.
  10. David Buschena & David Zilberman, 1999. "Testing the Effects of Similarity on Risky Choice: Implications for Violations of Expected Utility," Theory and Decision, Springer, vol. 46(3), pages 253-280, June.
  11. Graham Loomes, 2005. "Modelling the Stochastic Component of Behaviour in Experiments: Some Issues for the Interpretation of Data," Experimental Economics, Springer;Economic Science Association, vol. 8(4), pages 301-323, December.
  12. Krzysztof Kontek & Michal Lewandowski, 2018. "Range-Dependent Utility," Management Science, INFORMS, vol. 64(6), pages 2812-2832, June.
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  15. Qiu, Jianying & Ong, Qiyan, 2017. "Indifference or indecisiveness: a strict discrimination," MPRA Paper 81790, University Library of Munich, Germany, revised 18 Sep 2017.
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  20. Trabelsi, Mohamed Ali, 2008. "Les nouveaux modèles de décision dans le risque et l’incertain : quel apport ? [The new models of decision under risk or uncertainty: What approach?]," MPRA Paper 83347, University Library of Munich, Germany, revised 2008.
  21. Nathaniel T. Wilcox, 2023. "Unusual Estimates of Probability Weighting Functions," Research in Experimental Economics, in: Models of Risk Preferences: Descriptive and Normative Challenges, volume 22, pages 69-106, Emerald Group Publishing Limited.
  22. Habib, Sameh & Friedman, Daniel & Crockett, Sean & James, Duncan, 2015. "Eliciting risk preferences: Text vs. graphical multiple price lists," Discussion Papers, Research Professorship Market Design: Theory and Pragmatics SP II 2015-501, WZB Berlin Social Science Center.
  23. Pavlo R. Blavatskyy & Ganna Pogrebna, 2010. "Models of stochastic choice and decision theories: why both are important for analyzing decisions," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 25(6), pages 963-986.
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  36. Krzysztof Kontek, 2018. "Boundary effects in the Marschak-Machina triangle," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 13(6), pages 587-606, November.
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  39. Fugger, Nicolas & Gillen, Philippe & Rasch, Alexander & Zeppenfeld, Christopher, 2016. "Preferences and Decision Support in Competitive Bidding," VfS Annual Conference 2016 (Augsburg): Demographic Change 145849, Verein für Socialpolitik / German Economic Association.
  40. Horst Zank, 2007. "On the Paradigm of Loss Aversion," Economics Discussion Paper Series 0710, Economics, The University of Manchester.
  41. Ulrich Schmidt & Chris Starmer & Robert Sugden, 2008. "Third-generation prospect theory," Journal of Risk and Uncertainty, Springer, vol. 36(3), pages 203-223, June.
  42. Mehrez, Abraham, 1997. "The interface between OR/MS and decision theory," European Journal of Operational Research, Elsevier, vol. 99(1), pages 38-47, May.
  43. Buschena, David E. & Zilberman, David, 1992. "Similarity of Choices and the Performance of the Expected Utility Approach: Empirical Results," 1992 Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses to Risk Meeting, March 22-25, 1992, Orlando, Florida 307868, Regional Research Projects > S-232: Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses to Risk.
  44. Breitmoser, Yves, 2017. "Discrete Choice with Presentation Effects," Rationality and Competition Discussion Paper Series 35, CRC TRR 190 Rationality and Competition.
  45. James C Cox & Vjollca Sadiraj & Ulrich Schmidt, 2014. "Asymmetrically Dominated Choice Problems, the Isolation Hypothesis and Random Incentive Mechanisms," PLOS ONE, Public Library of Science, vol. 9(3), pages 1-3, March.
  46. Ayako Suzuki & Koichi Kume, 2008. "Aging, Probability Weighting, and Reference Point Adoption: An Experimental Study," ISER Discussion Paper 0720, Institute of Social and Economic Research, Osaka University.
  47. Yaron Azrieli & Christopher P. Chambers & Paul J. Healy, 2018. "Incentives in Experiments: A Theoretical Analysis," Journal of Political Economy, University of Chicago Press, vol. 126(4), pages 1472-1503.
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  50. Bertrand Munier, 2001. "Risk Attitudes Appraisal and Cognitive Coordination in Decentralized Decision Systems," Group Decision and Negotiation, Springer, vol. 10(2), pages 141-158, March.
  51. Carlo Perroni & Ganna Pogrebna & Sarah Sandford & Kimberley Ann Scharf, 2014. "Are Donors Afraid of Charities' Core Costs? Scale Economies in Non-profit Provision and Charity Selection," CESifo Working Paper Series 5024, CESifo.
  52. Krahnen, Jan Pieter & Rieck, Christian & Theissen, Erik, 1997. "Inferring risk attitudes from certainty equivalents: Some lessons from an experimental study," Journal of Economic Psychology, Elsevier, vol. 18(5), pages 469-486, September.
  53. Michael Birnbaum & Ulrich Schmidt, 2008. "An experimental investigation of violations of transitivity in choice under uncertainty," Journal of Risk and Uncertainty, Springer, vol. 37(1), pages 77-91, August.
  54. Guillaume Hollard & Hela Maafi & Jean-Christophe Vergnaud, 2016. "Consistent inconsistencies? Evidence from decision under risk," Theory and Decision, Springer, vol. 80(4), pages 623-648, April.
  55. Oliver, Adam & Sunstein, Cass, 2019. "Does size matter? The Allais paradox and preference reversals with varying outcome magnitudes," LSE Research Online Documents on Economics 91130, London School of Economics and Political Science, LSE Library.
  56. Vadym Lepetyuk & Christian A. Stoltenberg, 2012. "Reconciling consumption inequality with income inequality," Working Papers. Serie AD 2012-19, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
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  59. Sebastian Oelrich, 2019. "Making regulation fit by taking irrationality into account: the case of the whistleblower," Business Research, Springer;German Academic Association for Business Research, vol. 12(1), pages 175-207, April.
  60. Jörg Rieskamp & Jerome R. Busemeyer & Barbara A. Mellers, 2006. "Extending the Bounds of Rationality: Evidence and Theories of Preferential Choice," Journal of Economic Literature, American Economic Association, vol. 44(3), pages 631-661, September.
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