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Utility and the Skewness of Return in Gambling
15 references·8 citing·33 second hop
Utility and the Skewness of Return in Gambling (2004)Utility and the Skewness of Return in Gam…Modelling emerging market risk premia using higher moments (1999)Modelling emerging market ris…The Economics of Wagering Markets (1998)The Economics of Wagering Mar…Bettors Love Skewness, Not Risk, at the Horse Track (1998)Bettors Love Skewness, Not Ri…A Reexamination of the Relationship Between Preferences and Moment Orderings by Rational Risk-Averse Investors (1998)A Reexamination of the Relati…Market Efficiency and the Favorite-Longshot Bias: The Baseball Betting Market (1994)Market Efficiency and the Fav…The utility of gambling. (1993)The utility of gambling.The Analytics of Uncertainty and Information (1992)The Analytics of Uncertainty …Anomalies: Parimutuel Betting Markets: Racetracks and Lotteries (1988)Anomalies: Parimutuel Betting…An Exception to the Risk Preference Anomaly (1988)An Exception to the Risk Pref…On The Direction of Preference for Moments of Higher Order Than The Variance (1980)On The Direction of Preferenc…Probability and Utility Estimates for Racetrack Bettors (1977)Probability and Utility Estim…The Erroneous Approximation of Expected Utility by Means of a Taylor's Series Expansion: Analytic and Computational Results (1976)The Erroneous Approximation o…RISK AND THE REQUIRED RETURN ON EQUITY (1967)RISK AND THE REQUIRED RETURN …The Utility of Wealth (1952)The Utility of WealthThe Utility Analysis of Choices Involving Risk (1948)The Utility Analysis of Choic…Subjective Skewness of Return as an Explanation of the Optimal Choice between Gambles in Cumulative Prospect Theory (2013)Subjective Skewness of Return…Inferring Risk Preferences Using Synthetic Win Bets in Horse Betting “Exotic” Markets (2013)Inferring Risk Preferences Us…AN EXPLANATION OF OPTIMAL EACH-WAY BETS BASED ON NON-EXPECTED UTILITY THEORY (2013)AN EXPLANATION OF OPTIMAL EAC…Further examples of the impact of skewness on the expected utility of a risk-averse agent (2011)Further examples of the impac…Skewness as an explanation of gambling in cumulative prospect theory (2008)Skewness as an explanation of…On skewness of return and buying more than one ticket in a lottery (2008)On skewness of return and buy…The relationship between expected utility and higher moments for distributions captured by the Gram–Charlier class (2006)The relationship between expe…Inferring Risk Preferences Using Synthetic Win Bets in Horse Betting 'Exotic' Markets (2006)Inferring Risk Preferences Us…The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Framing of Decisions and the Psychology of Choice (1981)Net Health Benefits (1998)Information and the Change in the Paradigm in Economics (2002)Against Intellectual Monopoly (2008)Theory of games and economic behavior (2019)SKEWNESS PREFERENCE AND THE VALUATION OF RISK ASSETS* (1976)Theory of Financial Decision Making. (1988)Conditional Skewness in Asset Pricing Tests (2000)Introductory Econometrics for Finance (2008)Prospect Theory: An Analysis of Decision under Risk (1979)Choices, values, and frames. (1984)Prospect theory: An analysis of decision under risk (1988)Why are Gambling Markets Organised so Differently from Financial Markets? (2004)Personality Psychology and Economics (2011)Efficient Capital Markets: II (1991)OUTCOME UNCERTAINTY AND THE COUCH POTATO AUDIENCE (2005)Using ELO ratings for match result prediction in association football (2009)REFERENCE‐DEPENDENT PREFERENCES, LOSS AVERSION, AND LIVE GAME ATTENDANCE (2014)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Time‐Varying World Market Integration (1995)Empirical distributions of stock returns: between the stretched exponential and the power law? (2005)Market skewness risk and the cross section of stock returns (2012)Assessing the impact of oil returns on emerging stock markets: A panel data approach for ten Central and Eastern European Countries (2013)Handbook of Emotions (1993)Well-being : the foundations of hedonic psychology (1999)Investor Psychology and Asset Pricing (2001)Toward a positive theory of consumer choice (1980)Risk as feelings. (2001)Equity Portfolio Diversification (2008)Portfolio selection and skewness: Evidence from international stock markets (1997)Optimal Portfolio Allocation under Higher Moments (2006)Maxing Out: Stocks as Lotteries and the Cross-Section of Expected Returns (2008)
this work references cited by second hop

References

  • 1948The Utility Analysis of Choices Involving Risk3,097 cited
  • 1952The Utility of Wealth1,845 cited
  • 1992The Analytics of Uncertainty and Information843 cited
  • 1980On The Direction of Preference for Moments of Higher Order Than The Variance737 cited
  • 1967RISK AND THE REQUIRED RETURN ON EQUITY666 cited
  • 1988Anomalies: Parimutuel Betting Markets: Racetracks and Lotteries621 cited
  • 1998Bettors Love Skewness, Not Risk, at the Horse Track402 cited
  • 1977Probability and Utility Estimates for Racetrack Bettors390 cited
  • 1998The Economics of Wagering Markets381 cited
  • 1999Modelling emerging market risk premia using higher moments239 cited
  • 1994Market Efficiency and the Favorite-Longshot Bias: The Baseball Betting Market207 cited
  • 1993The utility of gambling.158 cited
  • 1988An Exception to the Risk Preference Anomaly124 cited
  • 1976The Erroneous Approximation of Expected Utility by Means of a Taylor's Series Expansion: Analytic and Computational Results106 cited
  • 1998A Reexamination of the Relationship Between Preferences and Moment Orderings by Rational Risk-Averse Investors66 cited

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Cited by

  • 2008Skewness as an explanation of gambling in cumulative prospect theory7 cited
  • 2011Further examples of the impact of skewness on the expected utility of a risk-averse agent4 cited
  • 2006The relationship between expected utility and higher moments for distributions captured by the Gram–Charlier class4 cited
  • 2013AN EXPLANATION OF OPTIMAL EACH-WAY BETS BASED ON NON-EXPECTED UTILITY THEORY2 cited
  • 2013Subjective Skewness of Return as an Explanation of the Optimal Choice between Gambles in Cumulative Prospect Theory1 cited
  • 2006Inferring Risk Preferences Using Synthetic Win Bets in Horse Betting 'Exotic' Markets0 cited
  • 2008On skewness of return and buying more than one ticket in a lottery0 cited
  • 2013Inferring Risk Preferences Using Synthetic Win Bets in Horse Betting “Exotic” Markets0 cited