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Probability Weighting in Choice under Risk: An Empirical Test
16 references·16 citing·28 second hopsampled
Probability Weighting in Choice under Risk: An Empirical Test (2001)Probability Weighting in Choice under Ris…PROBABILITY WEIGHTING FUNCTION (2005)PROBABILITY WEIGHTING FUNCTIONParameter-Free Elicitation of Utility and Probability Weighting Functions (2000)Parameter-Free Elicitation of…On the Shape of the Probability Weighting Function (1999)On the Shape of the Probabili…The Probability Weighting Function (1998)The Probability Weighting Fun…Curvature of the Probability Weighting Function (1996)Curvature of the Probability …Weighing risk and uncertainty. (1995)Weighing risk and uncertainty.Choice Under Uncertainty: Problems Solved and Unsolved (1992)Choice Under Uncertainty: Pro…Advances in prospect theory: Cumulative representation of uncertainty (1992)Advances in prospect theory: …EuroQol - a new facility for the measurement of health-related quality of life (1990)EuroQol - a new facility for …Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …Contingent weighting in judgment and choice. (1988)Contingent weighting in judgm…The Dual Theory of Choice under Risk (1987)The Dual Theory of Choice und…Choice Under Uncertainty: Problems Solved and Unsolved (1987)Choice Under Uncertainty: Pro…A theory of anticipated utility (1982)A theory of anticipated utili…"Expected Utility" Analysis without the Independence Axiom (1982)"Expected Utility" Analysis w…Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …Managed Expectations Theory: Ex ante likelihoods influence ex post utilities (2025)Managed Expectations Theory: …How people deal with …............................ outliers (2022)How people deal with ….......…Towards a general class of parametric probability weighting functions (2020)Towards a general class of pa…Strategies for selecting and evaluating information (2020)Strategies for selecting and …Essays in Revealed Preference Theory and Behavioral Economics (2016)Essays in Revealed Preference…The Microeconomics of Choice under Risk and Uncertainty: Where Are We? (2014)The Microeconomics of Choice …CHAPTER 3 Applications of Non‐Expected Utility (2009)CHAPTER 3 Applications of Non…A Meta Analysis of the Empirical Evidence on Expected Utility Theory (2009)A Meta Analysis of the Empiri…Risk and decision making by finance executives: a survey study (2007)Risk and decision making by f…The influence of the Ratio Bias phenomenon on the elicitation of Standard Gamble utilities (2006)The influence of the Ratio Bi…The influence of the ratio bias phenomenon on the elicitation of health states utilities (2006)The influence of the ratio bi…Comparison of EQ-5D and SF-6D utilities in mental health patients (2006)Comparison of EQ-5D and SF-6D…Choices Under Ambiguity With Familiar And Unfamiliar Outcomes (2005)Choices Under Ambiguity With …Testing rank‐dependent utility theory for health outcomes (2002)Testing rank‐dependent utilit…Studies on Intertemporal Preferences with Applications to Health Economics (2002)Studies on Intertemporal Pref…A new explanation for the difference between time trade‐off utilities and standard gamble utilities (2002)A new explanation for the dif…Judgment under Uncertainty: Heuristics and Biases (1975)Regret Theory: An Alternative Theory of Rational Choice Under Uncertainty (1982)Norm theory: Comparing reality to its alternatives. (1986)Order effects in belief updating: The belief-adjustment model (1992)Reason-based choice (1993)Choices, Values, and Frames (2013)RATIONAL CHOICE AND THE FRAMING OF DECISIONS (1988)Theory of games and economic behavior (2019)Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework (1989)Subjective probability and expected utility without additivity (2004)Risk Aversion in the Small and in the Large (1976)Developments in Non-Expected Utility Theory: The Hunt for a Descriptive Theory of Choice under Risk (2000)Risk as feelings. (2001)Risk, Ambiguity, and the Savage Axioms (1961)The Framing of Decisions and the Psychology of Choice (1981)Exploration and Exploitation in Organizational Learning (1991)Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance (2007)Loss Aversion in Riskless Choice: A Reference-Dependent Model (1991)Individual differences in reasoning: Implications for the rationality debate? (2000)A perspective on judgment and choice: Mapping bounded rationality. (2003)Goals as Reference Points (1999)Power, optimism, and risk‐taking (2006)Thirty Years of Prospect Theory in Economics: A Review and Assessment (2013)The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence (1985)Theory of Financial Decision Making. (1988)EuroQol: the current state of play (1996)Modeling Valuations for EuroQol Health States (1997)EQ-SD: a measure of health status from the EuroQol Group (2001)
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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
  • 1990EuroQol - a new facility for the measurement of health-related quality of life15,736 cited
  • 1992Advances in prospect theory: Cumulative representation of uncertainty15,457 cited
  • 1982A theory of anticipated utility3,136 cited
  • 1987The Dual Theory of Choice under Risk2,426 cited
  • 1998The Probability Weighting Function1,998 cited
  • 1988Contingent weighting in judgment and choice.1,585 cited
  • 1982"Expected Utility" Analysis without the Independence Axiom1,518 cited
  • 1999On the Shape of the Probability Weighting Function1,393 cited
  • 2005PROBABILITY WEIGHTING FUNCTION1,041 cited
  • 1996Curvature of the Probability Weighting Function990 cited
  • 1992Choice Under Uncertainty: Problems Solved and Unsolved948 cited
  • 1995Weighing risk and uncertainty.935 cited
  • 2000Parameter-Free Elicitation of Utility and Probability Weighting Functions926 cited
  • 1987Choice Under Uncertainty: Problems Solved and Unsolved

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878 cited

Cited by

  • 2002A new explanation for the difference between time trade‐off utilities and standard gamble utilities236 cited
  • 2006Comparison of EQ-5D and SF-6D utilities in mental health patients145 cited
  • 2006The influence of the ratio bias phenomenon on the elicitation of health states utilities34 cited
  • 2007Risk and decision making by finance executives: a survey study26 cited
  • 2020Strategies for selecting and evaluating information18 cited
  • 2005Choices Under Ambiguity With Familiar And Unfamiliar Outcomes17 cited
  • 2009A Meta Analysis of the Empirical Evidence on Expected Utility Theory9 cited
  • 2022How people deal with …............................ outliers7 cited
  • 2014The Microeconomics of Choice under Risk and Uncertainty: Where Are We?6 cited
  • 2002Testing rank‐dependent utility theory for health outcomes5 cited
  • 2020Towards a general class of parametric probability weighting functions4 cited
  • 2016Essays in Revealed Preference Theory and Behavioral Economics2 cited
  • 2025Managed Expectations Theory: Ex ante likelihoods influence ex post utilities1 cited
  • 2009CHAPTER 3 Applications of Non‐Expected Utility0 cited
  • 2006The influence of the Ratio Bias phenomenon on the elicitation of Standard Gamble utilities0 cited
  • 2002Studies on Intertemporal Preferences with Applications to Health Economics0 cited