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Framing the Allais paradox as a daily farm decision problem: tests and explanations


  • Finkelshtain, Israel
  • Feinerman, Eli


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  • Finkelshtain, Israel & Feinerman, Eli, 1997. "Framing the Allais paradox as a daily farm decision problem: tests and explanations," Agricultural Economics, Blackwell, vol. 15(3), pages 155-167, January.
  • Handle: RePEc:eee:agecon:v:15:y:1997:i:3:p:155-167

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    References listed on IDEAS

    1. Feinerman, Eli & Finkelshtain, Israel, 1996. "Introducing socioeconomic characteristics into production analysis under risk," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 13(3), February.
    2. Conlisk, John, 1989. "Three Variants on the Allais Example," American Economic Review, American Economic Association, vol. 79(3), pages 392-407, June.
    3. Schoemaker, Paul J H, 1982. "The Expected Utility Model: Its Variants, Purposes, Evidence and Limitations," Journal of Economic Literature, American Economic Association, vol. 20(2), pages 529-563, June.
    4. Kahneman, Daniel & Tversky, Amos, 1979. "Prospect Theory: An Analysis of Decision under Risk," Econometrica, Econometric Society, vol. 47(2), pages 263-291, March.
    5. Machina, Mark J, 1987. "Choice under Uncertainty: Problems Solved and Unsolved," Journal of Economic Perspectives, American Economic Association, vol. 1(1), pages 121-154, Summer.
    6. Feinerman, Eli & Finkelshtain, Israel, 1996. "Introducing socioeconomic characteristics into production analysis under risk," Agricultural Economics, Blackwell, vol. 13(3), pages 149-161, February.
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    Cited by:

    1. Herrmann, Tabea & Hübler, Olaf & Menkhoff, Lukas & Schmidt, Ulrich, 2016. "Allais for the poor," Kiel Working Papers 2036, Kiel Institute for the World Economy (IfW).
    2. repec:kap:jrisku:v:54:y:2017:i:2:d:10.1007_s11166-017-9258-y is not listed on IDEAS
    3. Tabea Herrmann & Olaf Hübler & Lukas Menkhoff & Ulrich Schmidt, 2017. "Allais for the poor: Relations to ability, information processing, and risk attitudes," Journal of Risk and Uncertainty, Springer, vol. 54(2), pages 129-156, April.
    4. Carlos Laciana & Elke Weber, 2008. "Correcting expected utility for comparisons between alternative outcomes: A unified parameterization of regret and disappointment," Journal of Risk and Uncertainty, Springer, vol. 36(1), pages 1-17, February.

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