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Diversification, convex preferences and non-empty core in the Choquet expected utility model
16 references·16 citing·39 second hopsampled
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(1966)The Welfare Loss of Excess Health Insurance (1973)Risk Aversion in the Small and in the Large (1976)The Design of an Optimal Insurance Policy (1992)The Demand for Flood Insurance: Empirical Evidence (2000)Utility Theory for Decision Making (1971)The Dual Theory of Choice under Risk (1987)Psychology and Economics (1997)Financial Super-Markets: Size Matters for Asset Trade (2001)Corporate Social Responsibility and Long-term Compensation: Evidence from Canada (2005)Pecuniary Externalities in Economies with Financial Frictions (2017)The Core of an N Person Game (1967)On the core of linear production games (1975)Geometric Properties of the Kernel, Nucleolus, and Related Solution Concepts (1979)Background Risk, Prudence, and the Demand for Insurance (1992)The Market for Catastrophe Risk: A Clinical Examination (1999)Inf-convolution of risk measures and optimal risk transfer (2005)
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References

  • 1982A theory of anticipated utility3,136 cited
  • 2004Subjective probability and expected utility without additivity2,510 cited
  • 1971Cores of convex games1,626 cited
  • 1967On balanced sets and cores1,045 cited
  • 1992Uncertainty Aversion, Risk Aversion, and the Optimal Choice of Portfolio776 cited
  • 1968Aspects of Rational Insurance Purchasing738 cited
  • 1962Equilibrium in a Reinsurance Market700 cited
  • 1992Aspects of Rational Insurance Purchasing609 cited
  • 2004Intertemporal asset pricing under knightian uncertainty597 cited
  • 1996Theory of incomplete markets584 cited
  • 1994Intertemporal Asset Pricing under Knightian Uncertainty543 cited
  • 1999A Definition of Uncertainty Aversion498 cited
  • 1988Additive Representations of Preferences: A New Foundation of Decision Analysis333 cited
  • 2001Coping with ignorance: unforeseen contingencies and non-additive uncertainty147 cited
  • 1991On the use of capacities in modeling uncertainty aversion and risk aversion145 cited
  • 2010Subjective probability and expected utility without additivity

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145 cited

Cited by

  • 2020Diversification and portfolio theory: a review105 cited
  • 2006Risk measurement with equivalent utility principles77 cited
  • 2013Mean-dispersion preferences and constant absolute uncertainty aversion59 cited
  • 2019Necessary and possible interaction between criteria in a 2-additive Choquet integral model44 cited
  • 2016Prudence with Respect to Ambiguity31 cited
  • 2022Dual‐Self Representations of Ambiguity Preferences29 cited
  • 2012Relative concave utility for risk and ambiguity27 cited
  • 2008Modeling attitudes toward uncertainty through the use of the Sugeno integral26 cited
  • 2007From sure to strong diversification21 cited
  • 2009Decision theory under uncertainty18 cited
  • 2023Strength of preference over complementary pairs axiomatizes alpha-MEU preferences15 cited
  • 2008Exact capacities and star-shaped distorted probabilities14 cited
  • 2016Diversification Preferences in the Theory of Choice14 cited
  • 2004Decision-foundations for properties of nonadditive measures: general state spaces or general outcome spaces14 cited
  • 2019A powerful tool for analyzing concave/convex utility and weighting functions10 cited
  • 2018The Willingness to Pay for Diversification9 cited