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How one gambles if one must: Effects of differing return rates on multistage betting decisions
16 references·1 citing·34 second hop
How one gambles if one must: Effects of differing return rates on multistage betting decisions (1977)How one gambles if one must: Effects of d…Utility, Probability, and Human Decision Making (1975)Utility, Probability, and Hum…Research Paradigms for Studying Dynamic Decision Behavior (1975)Research Paradigms for Studyi…Individual Decision Behavior (1972)Individual Decision BehaviorChoice behavior in an optional stopping task (1970)Choice behavior in an optiona…A theory of risk (1970)A theory of riskSome invariances of the isosensitivity function and their implications for the utility function of money. (1967)Some invariances of the isose…Additivity, utility, and subjective probability (1967)Additivity, utility, and subj…Handbook of mathematical psychology: I. (1963)Handbook of mathematical psyc…The Direct Measurement of Utility and Subjective Probability (1962)The Direct Measurement of Uti…Subjective probabilities inferred from decisions. (1962)Subjective probabilities infe…Supplementary report: Unlearning the gambler's fallacy. (1961)Supplementary report: Unlearn…Decision Making: An Experimental Approach (1959)Decision Making: An Experimen…A general theory of measurement applications to utility (1959)A general theory of measureme…Liquidity Preference as Behavior Towards Risk (1958)Liquidity Preference as Behav…Probability-Preferences among Bets with Differing Expected Values (1954)Probability-Preferences among…The Utility Analysis of Choices Involving Risk (1948)The Utility Analysis of Choic…An Experimental Study of Saving and Investing in a Complex Stochastic Environment (2002)An Experimental Study of Savi…The theory of decision making. (1954)Measuring utility by a single-response sequential method (1964)Conjoint Measurement for Quantifying Judgmental Data (1971)Conjoint-measurement analysis of composition rules in psychology. (1971)Measurement in Psychology (1999)Theory of games and economic behavior (2019)Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine (1953)Perceived risk: The concept and its measurement (1986)An Integrated Framework for the Conceptualization of Consumers' Perceived-Risk Processing (2004)Emotion regulation and decision making under risk and uncertainty. (2010)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk Aversion in the Small and in the Large (1964)The Theory of Political Ambiguity (1976)Rational and personal aspects of risk (1980)Simultaneous conjoint measurement: A new type of fundamental measurement (1964)Context theory of classification learning. (1978)Attention, similarity, and the identification-categorization relationship. (1986)Utility measurement: Configural-weight theory and the judge's point of view. (1992)“If I look at the mass I will never act”: Psychic numbing and genocide (2007)If I look at the mass I will never act (2007)Toward a positive theory of consumer choice (1980)Prospect theory: An analysis of decision under risk (1988)Risk as feelings. (2001)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Risk, Return, and Equilibrium: Empirical Tests (1973)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)Risk Perceptions and Pleasure Travel: An Exploratory Analysis (1992)The Roles of Perceived Inhibitors and Facilitators in Pleasure Travel Destination Decisions (1992)Measuring Inequity Aversion in a Heterogeneous Population Using Experimental Decisions and Subjective Probabilities (2008)Rating and ranking of multiple-aspect alternatives using fuzzy sets (1977)Delphi: A reevaluation of research and theory (1991)The Determinants of Trust and Credibility in Environmental Risk Communication: An Empirical Study (1997)Patrick Suppes and Joseph L. Zinnes. Basic measurement theory. Handbook of mathematical psychology, Volume I, edited by R. Duncan Luce, Robert R. Bush, and Eugene Galanter, John Wiley and Sons, Inc., New York and London1963, pp. 1–76. (1971)Feature Article—Decision Analysis: An Overview (1982)
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References

  • 1958Liquidity Preference as Behavior Towards Risk3,916 cited
  • 1948The Utility Analysis of Choices Involving Risk3,097 cited
  • 1963Handbook of mathematical psychology: I.1,987 cited
  • 1962Subjective probabilities inferred from decisions.336 cited
  • 1967Additivity, utility, and subjective probability280 cited
  • 1959Decision Making: An Experimental Approach264 cited
  • 1972Individual Decision Behavior253 cited
  • 1975Utility, Probability, and Human Decision Making220 cited
  • 1970A theory of risk202 cited
  • 1962The Direct Measurement of Utility and Subjective Probability144 cited
  • 1959A general theory of measurement applications to utility135 cited
  • 1954Probability-Preferences among Bets with Differing Expected Values133 cited
  • 1970Choice behavior in an optional stopping task122 cited
  • 1975Research Paradigms for Studying Dynamic Decision Behavior73 cited
  • 1961Supplementary report: Unlearning the gambler's fallacy.60 cited
  • 1967Some invariances of the isosensitivity function and their implications for the utility function of money.

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  • 2002An Experimental Study of Saving and Investing in a Complex Stochastic Environment0 cited