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Decision Making with Imperfect Knowledge of the State Space
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Decision Making with Imperfect Knowledge of the State Space (2011)Decision Making with Imperfect Knowledge …Estimating ambiguity aversion in a portfolio choice experiment (2014)Estimating ambiguity aversion…Depression Babies: Do Macroeconomic Experiences Affect Risk Taking?* (2011)Depression Babies: Do Macroec…z-Tree: Zurich toolbox for ready-made economic experiments (2007)z-Tree: Zurich toolbox for re…Ellsberg Revisited: An Experimental Study (2007)Ellsberg Revisited: An Experi…Ambiguity Aversion, Robustness, and the Variational Representation of Preferences (2006)Ambiguity Aversion, Robustnes…Risk as feelings. (2001)Risk as feelings.Fear, anger, and risk. (2001)Fear, anger, and risk.All Negative Moods Are Not Equal: Motivational Influences of Anxiety and Sadness on Decision Making (1999)All Negative Moods Are Not Eq…The Theory of Learning in Games (1998)The Theory of Learning in Gam…Affect, generalization, and the perception of risk. (1983)Affect, generalization, and t…Quantal Choice Analysis: A Survey (1976)Quantal Choice Analysis: A Su…Portfolio Selection: Efficient Diversification of Investments. (1962)Portfolio Selection: Efficien…Risk, Ambiguity, and the Savage Axioms (1961)Risk, Ambiguity, and the Sava…Portfolio Selection: Efficient Diversification of Investments (1959)Portfolio Selection: Efficien…Liquidity Preference as Behavior Towards Risk (1958)Liquidity Preference as Behav…Risk, Uncertainty and Profit (1921)Risk, Uncertainty and ProfitProspect Theory: An Analysis of Decision under Risk (1979)Development and validation of brief measures of positive and negative affect: The PANAS scales. (1988)Prospect theory: An analysis of decision under risk (1988)Power, approach, and inhibition. (2003)Emotion and Decision Making (2014)Human Inference: Strategies and Shortcomings of Social Judgment. (1983)CEO Overconfidence and Corporate Investment (2005)Trusting the Stock Market (2005)Overconfidence and Early‐Life Experiences: The Effect of Managerial Traits on Corporate Financial Policies (2011)Imprinting: Toward a Multilevel Theory (2013)Culture and Institutions (2015)Understanding Attitudes and Predicting Social Behavior (1980)A perspective on judgment and choice: Mapping bounded rationality. (2003)Maps of Bounded Rationality: Psychology for Behavioral Economics (2003)Online convex programming and generalized infinitesimal gradient ascent (2003)“Economic man” in cross-cultural perspective: Behavioral experiments in 15 small-scale societies (2005)Evolutionary games on graphs (2007)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)Entrepreneurial discovery and the competitive market process: an Austrian approach (2000)Gender Differences in Preferences (2009)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)Multifactor Explanations of Asset Pricing Anomalies (1996)The Framing of Decisions and the Psychology of Choice (1981)Advances in prospect theory: Cumulative representation of uncertainty (1992)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Are people conditionally cooperative? Evidence from a public goods experiment (2001)Altruistic punishment in humans (2002)Do Women Shy Away From Competition? Do Men Compete Too Much? (2007)
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References

  • 1921Risk, Uncertainty and Profit9,962 cited
  • 2007z-Tree: Zurich toolbox for ready-made economic experiments9,517 cited
  • 1961Risk, Ambiguity, and the Savage Axioms7,892 cited
  • 2001Risk as feelings.5,949 cited
  • 1959Portfolio Selection: Efficient Diversification of Investments5,535 cited
  • 1958Liquidity Preference as Behavior Towards Risk3,916 cited
  • 1962Portfolio Selection: Efficient Diversification of Investments.3,621 cited
  • 2001Fear, anger, and risk.3,309 cited
  • 2011Depression Babies: Do Macroeconomic Experiences Affect Risk Taking?*2,479 cited
  • 1998The Theory of Learning in Games2,433 cited
  • 1983Affect, generalization, and the perception of risk.1,854 cited
  • 1999All Negative Moods Are Not Equal: Motivational Influences of Anxiety and Sadness on Decision Making1,239 cited
  • 2006Ambiguity Aversion, Robustness, and the Variational Representation of Preferences1,139 cited
  • 2007Ellsberg Revisited: An Experimental Study614 cited
  • 1976Quantal Choice Analysis: A Survey305 cited
  • 2014Estimating ambiguity aversion in a portfolio choice experiment

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