On the potential for observational equivalence in experiments on risky choice when a power value function is assumed
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More about this item
KeywordsCumulative prospect theory; Power value function; Markowitz model; Expo-value utility function; Probability distortion; Lotteries;
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
- D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
- D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
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