Description

Book Synopsis

1 Uncertainty.- 2 Background.- 3 EU Theory.- 4 The Challenge to EU Theory.- 5 Rank-Dependent Expected Utility - An Outline.- 6 Risk Aversion in RDEU Theory.- 7 Comparative Statics for RDEU Theory.- 8 Risk Seeking and Lottery Design.- 9 Some Normative Properties of RDEU.- 10 RDEU and Experimental Evidence.- 11 Axiomatic Approaches to RDEU.- 12 Generalized Smooth Utility and RDEU.- 13 Stochastic Dominance and Independence Rules.- 14 Extensions.- References.- Index of Names.- Topic Index.

Table of Contents

1 Uncertainty.- 2 Background.- 3 EU Theory.- 4 The Challenge to EU Theory.- 5 Rank-Dependent Expected Utility - An Outline.- 6 Risk Aversion in RDEU Theory.- 7 Comparative Statics for RDEU Theory.- 8 Risk Seeking and Lottery Design.- 9 Some Normative Properties of RDEU.- 10 RDEU and Experimental Evidence.- 11 Axiomatic Approaches to RDEU.- 12 Generalized Smooth Utility and RDEU.- 13 Stochastic Dominance and Independence Rules.- 14 Extensions.- References.- Index of Names.- Topic Index.

Generalized Expected Utility Theory The RankDependent Model

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    A Hardback by John Quiggin

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      Book details

      Publisher Springer Nature
      Published 31 December 1992
      ISBN-13 9780792393023
      978-0792393023
      ISBN-10 0792393023
      Also in:
      Operational research

      Description

      Book Synopsis

      1 Uncertainty.- 2 Background.- 3 EU Theory.- 4 The Challenge to EU Theory.- 5 Rank-Dependent Expected Utility - An Outline.- 6 Risk Aversion in RDEU Theory.- 7 Comparative Statics for RDEU Theory.- 8 Risk Seeking and Lottery Design.- 9 Some Normative Properties of RDEU.- 10 RDEU and Experimental Evidence.- 11 Axiomatic Approaches to RDEU.- 12 Generalized Smooth Utility and RDEU.- 13 Stochastic Dominance and Independence Rules.- 14 Extensions.- References.- Index of Names.- Topic Index.

      Table of Contents

      1 Uncertainty.- 2 Background.- 3 EU Theory.- 4 The Challenge to EU Theory.- 5 Rank-Dependent Expected Utility - An Outline.- 6 Risk Aversion in RDEU Theory.- 7 Comparative Statics for RDEU Theory.- 8 Risk Seeking and Lottery Design.- 9 Some Normative Properties of RDEU.- 10 RDEU and Experimental Evidence.- 11 Axiomatic Approaches to RDEU.- 12 Generalized Smooth Utility and RDEU.- 13 Stochastic Dominance and Independence Rules.- 14 Extensions.- References.- Index of Names.- Topic Index.

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