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Anxiety and Decision Making with Delayed Resolution of Uncertainty
16 references·16 citing·28 second hopsampled
Anxiety and Decision Making with Delayed Resolution of Uncertainty (1999)Anxiety and Decision Making with Delayed …Games and Decisions (2015)Games and DecisionsDecisions with Multiple Objectives (1993)Decisions with Multiple Objec…Loss Aversion in Riskless Choice: A Reference-Dependent Model (1991)Loss Aversion in Riskless Cho…Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …The Dual Theory of Choice under Risk (1987)The Dual Theory of Choice und…Regret Theory: An Alternative Theory of Rational Choice Under Uncertainty (1982)Regret Theory: An Alternative…Regret in Decision Making under Uncertainty (1982)Regret in Decision Making und…A theory of anticipated utility (1982)A theory of anticipated utili…Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …Temporal Resolution of Uncertainty and Dynamic Choice Theory (1978)Temporal Resolution of Uncert…Risk Aversion in the Small and in the Large (1976)Risk Aversion in the Small an…Utility Theory for Decision Making (1971)Utility Theory for Decision M…UTILITY THEORY FOR DECISION MAKING (1970)UTILITY THEORY FOR DECISION M…Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…Portfolio Selection: Efficient Diversification of Investments. (1962)Portfolio Selection: Efficien…Portfolio Selection: Efficient Diversification of Investments (1959)Portfolio Selection: Efficien…The Teasing Effect: An Underappreciated Benefit of Creating and Resolving an Uncertainty (2018)The Teasing Effect: An Undera…Good people do bad things: How anxiety promotes unethical behavior through intuitive and automatic processing (2018)Good people do bad things: Ho…Music-evoked incidental happiness modulates probability weighting during risky lottery choices (2014)Music-evoked incidental happi…Is There One Unifying Concept of Utility?An Experimental Comparison of Utility Under Risk and Utility Over Time (2013)Is There One Unifying Concept…Do Individuals Have Preferences Used in Macro-Finance Models? An Experimental Investigation (2013)Do Individuals Have Preferenc…‘Let me dream on!’ Anticipatory emotions and preference for timing in lotteries (2013)‘Let me dream on!’ Anticipato…The Missing Link: Unifying Risk Taking and Time Discounting (2012)The Missing Link: Unifying Ri…Investment, resolution of risk, and the role of affect (2011)Investment, resolution of ris…Intolerance of Uncertainty and Decisions About Delayed, Probabilistic Rewards (2011)Intolerance of Uncertainty an…The Effect of Making a Prediction about the Outcome of a Consumption Experience on the Enjoyment of That Experience (2008)The Effect of Making a Predic…Individual decision-making experiments with risk and intertemporal choice (2008)Individual decision-making ex…Dynamic Choice, Independence and Emotions (2007)Dynamic Choice, Independence …Time consistency conditions for acceptability measures, with an application to Tail Value at Risk (2006)Time consistency conditions f…The combined effects of delay and probability in discounting (2006)The combined effects of delay…Evidence-based Practice and Decision Analysis in Social Work (2002)Evidence-based Practice and D…Evaluating Income Streams: A Decision Analysis Approach (1998)Evaluating Income Streams: A …Status quo bias in decision making (1988)Advances in prospect theory: Cumulative representation of uncertainty (1992)A Theory of Fairness, Competition, and Cooperation (1999)Time Discounting and Time Preference: A Critical Review (2002)Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine (1953)The Framing of Decisions and the Psychology of Choice (1981)Individual differences in reasoning: Implications for the rationality debate? (2000)Risk as feelings. (2001)Risk, Ambiguity, and the Savage Axioms (1961)Judgment under Uncertainty: Heuristics and Biases (1975)Exploration and Exploitation in Organizational Learning (1991)Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance (2007)Theory of games and economic behavior (2019)Remarks on the Analytic Hierarchy Process (1990)Robust Optimization of Large-Scale Systems (1995)The Analytic Hierarchy Process—An Exposition (2001)The Evolution of Reciprocal Altruism (1971)Characteristics of Organizational Environments and Perceived Environmental Uncertainty (1972)The New Institutionalism: Organizational Factors in Political Life (1983)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)Multifactor Explanations of Asset Pricing Anomalies (1996)Financial Intermediation and Delegated Monitoring (1984)Well-being : the foundations of hedonic psychology (1999)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)On the measurement of inequality (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)The arbitrage theory of capital asset pricing (1976)
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References

  • 1979Prospect Theory: An Analysis of Decision under Risk48,459 cited
  • 1988Prospect theory: An analysis of decision under risk32,475 cited
  • 1991Loss Aversion in Riskless Choice: A Reference-Dependent Model6,428 cited
  • 1959Portfolio Selection: Efficient Diversification of Investments5,535 cited
  • 1964Risk Aversion in the Small and in the Large4,964 cited
  • 1976Risk Aversion in the Small and in the Large4,655 cited
  • 1993Decisions with Multiple Objectives4,434 cited
  • 1982Regret Theory: An Alternative Theory of Rational Choice Under Uncertainty4,041 cited
  • 2015Games and Decisions3,632 cited
  • 1962Portfolio Selection: Efficient Diversification of Investments.3,621 cited
  • 1982A theory of anticipated utility3,136 cited
  • 1982Regret in Decision Making under Uncertainty2,990 cited
  • 1971Utility Theory for Decision Making2,460 cited
  • 1987The Dual Theory of Choice under Risk2,426 cited
  • 1978Temporal Resolution of Uncertainty and Dynamic Choice Theory1,822 cited
  • 1970UTILITY THEORY FOR DECISION MAKING1,614 cited

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Cited by

  • 2011Intolerance of Uncertainty and Decisions About Delayed, Probabilistic Rewards190 cited
  • 2018The Teasing Effect: An Underappreciated Benefit of Creating and Resolving an Uncertainty139 cited
  • 2013Is There One Unifying Concept of Utility?An Experimental Comparison of Utility Under Risk and Utility Over Time92 cited
  • 2006The combined effects of delay and probability in discounting83 cited
  • 2006Time consistency conditions for acceptability measures, with an application to Tail Value at Risk80 cited
  • 2002Evidence-based Practice and Decision Analysis in Social Work74 cited
  • 2013‘Let me dream on!’ Anticipatory emotions and preference for timing in lotteries72 cited
  • 2011Investment, resolution of risk, and the role of affect69 cited
  • 2014Music-evoked incidental happiness modulates probability weighting during risky lottery choices67 cited
  • 2012The Missing Link: Unifying Risk Taking and Time Discounting62 cited
  • 2008Individual decision-making experiments with risk and intertemporal choice55 cited
  • 2013Do Individuals Have Preferences Used in Macro-Finance Models? An Experimental Investigation55 cited
  • 1998Evaluating Income Streams: A Decision Analysis Approach52 cited
  • 2008The Effect of Making a Prediction about the Outcome of a Consumption Experience on the Enjoyment of That Experience50 cited
  • 2007Dynamic Choice, Independence and Emotions50 cited
  • 2018Good people do bad things: How anxiety promotes unethical behavior through intuitive and automatic processing41 cited