Utility function in the domains of gains and losses : an experimental study /
| Main Author: | |
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| Other Authors: | , , |
| Format: | Thesis Book |
| Language: | English |
| Published: |
1986.
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| Subjects: | |
| Online Access: | Link to ProQuest copy Link to OAKTrust copy ProQuest, Abstract |
MARC
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| 050 | 4 | |a HB201 |b K835 | |
| 099 | |a 1986 |a Disser- |a tation |a J61 | ||
| 100 | 1 | |a Jiranyakul, Komain. | |
| 245 | 1 | 0 | |a Utility function in the domains of gains and losses : |b an experimental study / |
| 264 | 1 | |c 1986. | |
| 300 | |a x, 185 leaves : |b illustrations ; |c 29 cm | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a unmediated |b n |2 rdamedia | ||
| 338 | |a volume |b nc |2 rdacarrier | ||
| 500 | |a "Major subject: Economics." | ||
| 500 | |a Typescript (photocopy). | ||
| 500 | |a Vita. | ||
| 502 | |b Ph. D. |c Texas A & M University |d 1986 | ||
| 504 | |a Includes bibliographical references (leaves 143-150). | ||
| 520 | 3 | |a This study examines how people make decisions under risk and uncertainty. The laboratory experiments are conducted to test some existing models of decision making. The experimental design in this study is different from those of previous experiments conducted by other researchers in that the same subjects in this study are asked to state their preferences for one of the paired choices in several questions in both hypothetical questionnaire and questionnaire with monetary incentives. Based upon the results of this study, it is concluded that (1) alternative models are not better in explaining observed behavior than expected utility theory, and (2) the experiments employing hypothetical payoffs can frequently lead to the conclusions that are different from the ones resulted from the experiments providing monetary incentives. | |
| 650 | 0 | |a Economics |x Decision making. | |
| 650 | 0 | |a Marginal utility. | |
| 650 | 0 | |a Risk. | |
| 650 | 4 | |a Dissertations, Academic |z United States. | |
| 650 | 4 | |a Major economics. | |
| 650 | 4 | |a Utility theory. | |
| 655 | 7 | |a Academic theses |2 lcgft | |
| 700 | 1 | |a Bassmann, Robert L., |e degree committee member. | |
| 700 | 1 | |a Battalio, Raymond C., |e degree supervisor. | |
| 700 | 1 | |a Gronberg, Timothy J., |e degree committee member. | |
| 700 | 1 | |a Hwang, Hae-Shin, |e degree supervisor. | |
| 700 | 1 | |a Ringer, Larry J., |e degree committee member. | |
| 710 | 2 | |a Texas A & M University, |e degree granting institution. | |
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