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Pricing insurance contracts under Cumulative Prospect Theory
16 references·8 citing·30 second hop
Pricing insurance contracts under Cumulative Prospect Theory (2011)Pricing insurance contracts under Cumulat…Prospect Theory: For Risk and Ambiguity (2010)Prospect Theory: For Risk and…Third-generation prospect theory (2008)Third-generation prospect the…An Extension of Arrow's Result on Optimal Reinsurance Contract (2008)An Extension of Arrow's Resul…To Split or Not to Split: Capital Allocation with Convex Risk Measures (2007)To Split or Not to Split: Cap…Reference-Dependent Risk Attitudes (2007)Reference-Dependent Risk Atti…PROBABILITY WEIGHTING FUNCTION (2005)PROBABILITY WEIGHTING FUNCTIONThe Probability Weighting Function (1998)The Probability Weighting Fun…Premium Calculation by Transforming the Layer Premium Density (1996)Premium Calculation by Transf…Insurance pricing and increased limits ratemaking by proportional hazards transforms (1995)Insurance pricing and increas…Advances in prospect theory: Cumulative representation of uncertainty (1992)Advances in prospect theory: …Anticipated utility: A measure representation approach (1989)Anticipated utility: A measur…Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …Expression theory and the preference reversal phenomena. (1987)Expression theory and the pre…A theory of anticipated utility (1982)A theory of anticipated utili…Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …An introduction to mathematical risk theory (1979)An introduction to mathematic…Zero utility principles coinciding on binary risks (2023)Zero utility principles coinc…Risk-adjusted Bowley reinsurance under distorted probabilities (2019)Risk-adjusted Bowley reinsura…Green product deletion decisions (2018)Green product deletion decisi…A Note on the Shape of the Probability Weighting Function (2018)A Note on the Shape of the Pr…Decisions Based on a General Premium Principle in Cumulative Prospect Theory (2017)Decisions Based on a General …Positive Homogeneity of the Principle of Equivalent Utility (2016)Positive Homogeneity of the P…Behavioral Agency Model: A Target-Oriented Approach for Executive Incentives (2014)Behavioral Agency Model: A Ta…The connection between distortion risk measures and ordered weighted averaging operators (2013)The connection between distor…Judgment under Uncertainty: Heuristics and Biases (1975)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)RATIONAL CHOICE AND THE FRAMING OF DECISIONS (1988)Theory of games and economic behavior (2019)Choices, values, and frames. (1984)Reference Points and Effort Provision (2011)Salience Theory of Choice Under Risk (2012)Thirty Years of Prospect Theory in Economics: A Review and Assessment (2013)Risk Aversion in the Small and in the Large (1976)On the Shape of the Probability Weighting Function (1999)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)Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine (1953)The Dual Theory of Choice under Risk (1987)Axiomatic characterization of insurance prices (1997)Stochastic Processes for Insurance and Finance (1999)A Class of Distortion Operators for Pricing Financial and Insurance Risks (2000)Parameter-Free Elicitation of Utility and Probability Weighting Functions (2000)Choices, Values, and Frames (2013)Option pricing by Esscher transforms. (1995)On the Time Value of Ruin (1998)Preference, Value, Choice, and Welfare (2011)Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior (2013)Quantum Models of Cognition and Decision (2015)
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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
  • 1992Advances in prospect theory: Cumulative representation of uncertainty15,457 cited
  • 1982A theory of anticipated utility3,136 cited
  • 1998The Probability Weighting Function1,998 cited
  • 2005PROBABILITY WEIGHTING FUNCTION1,041 cited
  • 2007Reference-Dependent Risk Attitudes1,028 cited
  • 1979An introduction to mathematical risk theory914 cited
  • 2010Prospect Theory: For Risk and Ambiguity838 cited
  • 1996Premium Calculation by Transforming the Layer Premium Density696 cited
  • 1987Expression theory and the preference reversal phenomena.589 cited
  • 1995Insurance pricing and increased limits ratemaking by proportional hazards transforms338 cited
  • 2008Third-generation prospect theory279 cited
  • 1989Anticipated utility: A measure representation approach154 cited
  • 2007To Split or Not to Split: Capital Allocation with Convex Risk Measures130 cited
  • 2008An Extension of Arrow's Result on Optimal Reinsurance Contract

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89 cited

Cited by

  • 2018Green product deletion decisions51 cited
  • 2019Risk-adjusted Bowley reinsurance under distorted probabilities46 cited
  • 2013The connection between distortion risk measures and ordered weighted averaging operators44 cited
  • 2016Positive Homogeneity of the Principle of Equivalent Utility1 cited
  • 2023Zero utility principles coinciding on binary risks1 cited
  • 2018A Note on the Shape of the Probability Weighting Function1 cited
  • 2014Behavioral Agency Model: A Target-Oriented Approach for Executive Incentives1 cited
  • 2017Decisions Based on a General Premium Principle in Cumulative Prospect Theory0 cited