Stochastic Choice Under Risk
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Keywordsexpected utility theory; stochastic utility; Fechner model; random error; risk;
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2006-02-26 (All new papers)
- NEP-CBE-2006-02-26 (Cognitive & Behavioural Economics)
- NEP-IAS-2006-02-26 (Insurance Economics)
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