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Asian Disease-type of Framing of Outcomes as an Historical Curiosity

  • Dorian Jullien

    (University of Nice Sophia Antipolis
    GREDEG CNRS)

This paper discusses the ways by which a certain type of behavioral deviation from expected utility theory has been handled by psychologists and economists. With respect to the historical background of decision theory in economics, it is argued that there are good reasons for more theoretical developments from this behavioral deviation.

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File URL: http://www.gredeg.cnrs.fr/working-papers/GREDEG-WP-2013-47.pdf
File Function: First version, 2013
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Paper provided by Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), University of Nice Sophia Antipolis in its series GREDEG Working Papers with number 2013-47.

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Length: 46 pages
Date of creation: Dec 2013
Date of revision:
Handle: RePEc:gre:wpaper:2013-47
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  27. Mongin, Philippe, 2013. "Le Paradoxe d'Allais: Comment lui rendre sa signification perdue? (Allais's Paradox: How to Give It Back Its Lost Meaning?)," Les Cahiers de Recherche 1021, HEC Paris.
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  35. Enrico Diecidue & Ulrich Schmidt & Peter P. Wakker, 2004. "The Utility of Gambling Reconsidered," Journal of Risk and Uncertainty, Springer, vol. 29(3), pages 241-259, December.
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