SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
Minimization of risk and maximization of expected utility in multistage betting games
16 references·7 citing·35 second hop
Minimization of risk and maximization of expected utility in multistage betting games (1970)Minimization of risk and maximization of …Theory of games and economic behavior (2019)Theory of games and economic …An experimental study of some stochastic models for wagers (2007)An experimental study of some…Risk Aversion in the Small and in the Large (1976)Risk Aversion in the Small an…An Experimental Study of Some Stochastic Models for Wagers (1963) (1974)An Experimental Study of Some…Gambling behavior in two-outcome multistage betting games (1970)Gambling behavior in two-outc…Risk-preference in coin-toss games (1969)Risk-preference in coin-toss …Intransitivity of preferences. (1969)Intransitivity of preferences.Risk Taking: A Study in Cognition and Personality (1965)Risk Taking: A Study in Cogni…Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…Assessment of risk taking behavior. (1964)Assessment of risk taking beh…Pattern and level of risk in gambling decisions. (1962)Pattern and level of risk in …Components of risk in decision making: Probability and variance preferences. (1960)Components of risk in decisio…A theory of data. (1960)A theory of data.Decision Making: An Experimental Approach (1959)Decision Making: An Experimen…Liquidity Preference as Behavior Towards Risk (1958)Liquidity Preference as Behav…The Theory of Games and Economic Behavior (1945)The Theory of Games and Econo…Dynamic Decision Making: Individual Attributes And Behavior in a Challenge Dice Game (2013)Dynamic Decision Making: Indi…Selection of portfolios with risky and riskless assets: Experimental tests of two expected utility models (1988)Selection of portfolios with …What are we Talking about when we Talk about "Risk"? A Critical Survey of Risk and Risk Preference Theories (1978)What are we Talking about whe…Probabilistic information processing: Effects of a biased payoff matrix on choices and bids (1977)Probabilistic information pro…How one gambles if one must: Effects of differing return rates on multistage betting decisions (1977)How one gambles if one must: …Estimating the planning horizon in a multistage decision task (1975)Estimating the planning horiz…Decision policies minimizing risk in a multistage betting game (1974)Decision policies minimizing …The theory of decision making. (1954)Individual Choice Behavior (1962)Formative assessment and the design of instructional systems (1989)Advances in prospect theory: Cumulative representation of uncertainty (1992)Individual differences in reasoning: Implications for the rationality debate? (2000)Motivational determinants of risk-taking behavior. (1957)Conflict, arousal, and curiosity. (1960)The Relationship between Risk-Taking, Sensation-Seeking, and the Tourist Behavior of Young Adults: A Cross-Cultural Study (2004)The Tripartite Model of Risk Perception (TRIRISK): Distinguishing Deliberative, Affective, and Experiential Components of Perceived Risk (2016)Experimenting with Measurement Error: Techniques with Applications to the Caltech Cohort Study (2018)Theory and Methods of Scaling (1958)Individual Choice Behavior: A Theoretical Analysis. (1960)A Directional Theory of Issue Voting (1989)Assessing subjective well-being: Progress and opportunities (1994)Validation Guidelines for IS Positivist Research (2004)Multiple Factor Analysis (2007)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)Toward a positive theory of consumer choice (1980)Prospect theory: An analysis of decision under risk (1988)Non-cooperative games (1989)Frontiers in Group Dynamics (1947)A Method for Evaluating the Distribution of Power in a Committee System (1954)Measurement of health state utilities for economic appraisal (1986)Conjoint-measurement analysis of composition rules in psychology. (1971)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)Financial Intermediation and Delegated Monitoring (1984)Well-being : the foundations of hedonic psychology (1999)Ecology and the aging process. (1973)Reconceptualizing the Determinants of Risk Behavior (1992)Which is the Fair Sex? Gender Differences in Altruism (2001)On the measurement of inequality (1970)The arbitrage theory of capital asset pricing (1976)
this work references cited by second hop

References

  • 2019Theory of games and economic behavior16,630 cited
  • 1945The Theory of Games and Economic Behavior5,134 cited
  • 1964Risk Aversion in the Small and in the Large4,964 cited
  • 1976Risk Aversion in the Small and in the Large4,655 cited
  • 1958Liquidity Preference as Behavior Towards Risk3,916 cited
  • 1969Intransitivity of preferences.2,195 cited
  • 1960A theory of data.1,556 cited
  • 1965Risk Taking: A Study in Cognition and Personality896 cited
  • 1959Decision Making: An Experimental Approach264 cited
  • 1964Assessment of risk taking behavior.244 cited
  • 1960Components of risk in decision making: Probability and variance preferences.177 cited
  • 1974An Experimental Study of Some Stochastic Models for Wagers (1963)63 cited
  • 1969Risk-preference in coin-toss games54 cited
  • 2007An experimental study of some stochastic models for wagers45 cited
  • 1962Pattern and level of risk in gambling decisions.36 cited
  • 1970Gambling behavior in two-outcome multistage betting games16 cited

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

Cited by

  • 1978What are we Talking about when we Talk about "Risk"? A Critical Survey of Risk and Risk Preference Theories14 cited
  • 1988Selection of portfolios with risky and riskless assets: Experimental tests of two expected utility models10 cited
  • 1977Probabilistic information processing: Effects of a biased payoff matrix on choices and bids6 cited
  • 1974Decision policies minimizing risk in a multistage betting game4 cited
  • 1977How one gambles if one must: Effects of differing return rates on multistage betting decisions4 cited
  • 1975Estimating the planning horizon in a multistage decision task3 cited
  • 2013Dynamic Decision Making: Individual Attributes And Behavior in a Challenge Dice Game1 cited