Alternation Bias and the Parameterization of Cumulative Prospect Theory
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References listed on IDEAS
- Marc Rieger & Mei Wang, 2006. "Cumulative prospect theory and the St. Petersburg paradox," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 28(3), pages 665-679, August.
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CitationsCitations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
- Tibor Neugebauer, 2010. "Moral Impossibility in the Petersburg Paradox : A Literature Survey and Experimental Evidence," LSF Research Working Paper Series 10-14, Luxembourg School of Finance, University of Luxembourg.
- Kaivanto, Kim & Kroll, Eike B., 2012.
"Negative recency, randomization device choice, and reduction of compound lotteries,"
Elsevier, vol. 115(2), pages 263-267.
- Kaivanto, Kim & Kroll, Eike Benjamin, 2011. "Negative recency, randomization device choice, and reduction of compound lotteries," Working Paper Series in Economics 22, Karlsruhe Institute of Technology (KIT), Department of Economics and Business Engineering.
- José Antonio Robles-Zurita, 2015. "Alternation Bias and Sums of Identically Distributed Monetary Lotteries," Working Papers 15.08, Universidad Pablo de Olavide, Department of Economics.
- Kim Kaivanto & Eike Kroll, 2014. "Alternation bias and reduction in St. Petersburg gambles," Working Papers 65600286, Lancaster University Management School, Economics Department.
More about this item
KeywordsSt. Petersburg Paradox; Cumulative Prospect Theory; Local Representativeness Effect; Alternation Bias; Law of Small Numbers;
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
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