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Generalized Expected Utility Theory : The Rank-Dependent Model
Generalized Expected Utility Theory The RankDependent Model
Author: John Quiggin
Economic analysis of choice under uncertainty has been dominated by the expected utility (EU) model, yet the EU model has never been without critics. Psychologists accumulated evidence that individual choices under uncertainty were inconsistent with the predictions of the EU model. Applied work in areas such as finance was dominated by the ...  more »
ISBN-13: 9780792393023
ISBN-10: 0792393023
Publication Date: 12/31/1992
Pages: 224
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Publisher: Springer
Book Type: Hardcover
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