Distorted Probabilities and Choice under Risk /

This book provides a systematic, formal treatment of a recently proposed extension of the expected utility model of choice under risk: the so-called rank-dependent utility model. In this approach the representation of preferences is based upon a (generalized) utility function defined on the outcome/...

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Bibliographic Details

Main Author:	Puppe, Clemens
Corporate Author:	SpringerLink (Online service)
Format:	eBook
Language:	English
Published:	Berlin, Heidelberg : Springer Berlin Heidelberg, 1991.
Series:	Lecture notes in economics and mathematical systems ; 363.
Subjects:	Economics. Operations research. Electronic books.
Online Access:	Connect to the full text of this electronic book