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Reconciling support theory and the book-making principle

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  • Enrico Diecidue
  • Dolchai La-ornual

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  • Enrico Diecidue & Dolchai La-ornual, 2009. "Reconciling support theory and the book-making principle," Journal of Risk and Uncertainty, Springer, vol. 38(3), pages 173-190, June.
    • Handle: RePEc:kap:jrisku:v:38:y:2009:i:3:p:173-190
    DOI: 10.1007/s11166-009-9062-4
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    References listed on IDEAS

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    2. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    3. Humphrey, Steven J, 1995. "Regret Aversion or Event-Splitting Effects? More Evidence under Risk and Uncertainty," Journal of Risk and Uncertainty, Springer, vol. 11(3), pages 263-274, December.
    4. Tversky, Amos & Kahneman, Daniel, 1992. "Advances in Prospect Theory: Cumulative Representation of Uncertainty," Journal of Risk and Uncertainty, Springer, vol. 5(4), pages 297-323, October.
    5. Craig R. Fox & Robert T. Clemen, 2005. "Subjective Probability Assessment in Decision Analysis: Partition Dependence and Bias Toward the Ignorance Prior," Management Science, INFORMS, vol. 51(9), pages 1417-1432, September.
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    12. Donald A. Redelmeier & Derek J. Koehler & Varda Liberman & Amos Tversky, 1995. "Probability Judgment in Medicine," Medical Decision Making, , vol. 15(3), pages 227-230, August.
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    15. Idson, Lorraine Chen & Krantz, David H. & Osherson, Daniel & Bonini, Nicolao, 2001. "The Relation between Probability and Evidence Judgment: An Extension of Support Theory," Journal of Risk and Uncertainty, Springer, vol. 22(3), pages 227-249, May.
    16. Enrico Diecidue & Fabio Maccheroni, 2002. "Coherence without Additivity," ICER Working Papers - Applied Mathematics Series 10-2002, ICER - International Centre for Economic Research.
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    More about this item

    Keywords

    Book-making principle; Support theory; Nonexpected utility; D81;
    All these keywords.

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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