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Reduction Invariance and Prelec's Weighting Functions
16 references·16 citing·27 second hopsampled
Reduction Invariance and Prelec's Weighting Functions (2001)Reduction Invariance and Prelec's Weighti…PROBABILITY WEIGHTING FUNCTION (2005)PROBABILITY WEIGHTING FUNCTIONOn the foundations of measurement (2002)On the foundations of measure…Parameter-Free Elicitation of Utility and Probability Weighting Functions (2000)Parameter-Free Elicitation of…On the Shape of the Probability Weighting Function (1999)On the Shape of the Probabili…The Probability Weighting Function (1998)The Probability Weighting Fun…Generalized Expected Utility Theory. The Rank-Dependent Model (1996)Generalized Expected Utility …Curvature of the Probability Weighting Function (1996)Curvature of the Probability …Generalized Expected Utility Theory: The Rank-Dependent Model. (1994)Generalized Expected Utility …Advances in prospect theory: Cumulative representation of uncertainty (1992)Advances in prospect theory: …Rank- and sign-dependent linear utility models for finite first-order gambles (1991)Rank- and sign-dependent line…Foundations of Measurement (1990)Foundations of MeasurementProspect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …Subjectively weighted utility: A descriptive extension of the expected utility model (1978)Subjectively weighted utility…Utility theory and additivity analysis of risky choices. (1967)Utility theory and additivity…An Experimental Study of the Auction-Value of an Uncertain Outcome (1948)An Experimental Study of the …Empirical evaluation of four models of buying and selling prices of gambles (2016)Empirical evaluation of four …Discriminating among probability weighting functions using adaptive design optimization (2013)Discriminating among probabil…The Missing Link: Unifying Risk Taking and Time Discounting (2012)The Missing Link: Unifying Ri…Probability Weighting Functions (2011)Probability Weighting Functio…Negative recency, randomization device choice, and reduction of compound lotteries (2011)Negative recency, randomizati…The Analytic Hierarchy Process and the Theory of Measurement (2010)The Analytic Hierarchy Proces…Behavioral assumptions for a class of utility theories: A program of experiments (2010)Behavioral assumptions for a …Parametric weighting functions (2008)Parametric weighting functionsOn probabilities and loss aversion (2008)On probabilities and loss ave…Why do people pay taxes? Prospect theory versus expected utility theory (2007)Why do people pay taxes? Pros…A behavioral condition for Prelec's weighting function on the positive line without assuming (2007)A behavioral condition for Pr…Empirical evaluation of a model of global psychophysical judgments: IV. Forms for the weighting function (2006)Empirical evaluation of a mod…A simple derivation of Prelec's probability weighting function (2006)A simple derivation of Prelec…Measurement Analogies: Comparisons of Behavioral And Physical Measures (2005)Measurement Analogies: Compar…A Simple Axiomatization of Binary Rank-Dependent Utility of Gains (Losses) (2002)A Simple Axiomatization of Bi…Choice, preference, and utility: probabilistic and deterministic representations (1920)Choice, preference, and utili…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)Risk Aversion in the Small and in the Large (1976)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)Theory of games and economic behavior (2019)Choices, Values, and Frames (2013)Weighing risk and uncertainty. (1995)Salience Theory of Choice Under Risk (2012)Axiomatic characterization of insurance prices (1997)Risk Aversion in the Laboratory (2008)Lectures on Stochastic Programming: Modeling and Theory (2009)Goals as Reference Points (1999)Power, optimism, and risk‐taking (2006)Thirty Years of Prospect Theory in Economics: A Review and Assessment (2013)Money, Kisses, and Electric Shocks: On the Affective Psychology of Risk (2001)Decision by sampling (2006)Loss Aversion Under Prospect Theory: A Parameter-Free Measurement (2007)Contest success functions (1996)Handbook on Constructing Composite Indicators (2005)Tools for Composite Indicators Building (2005)
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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
  • 1998The Probability Weighting Function1,998 cited
  • 1990Foundations of Measurement1,953 cited
  • 1999On the Shape of the Probability Weighting Function1,393 cited
  • 2005PROBABILITY WEIGHTING FUNCTION1,041 cited
  • 1996Curvature of the Probability Weighting Function990 cited
  • 2000Parameter-Free Elicitation of Utility and Probability Weighting Functions926 cited
  • 1996Generalized Expected Utility Theory. The Rank-Dependent Model478 cited
  • 2002On the foundations of measurement443 cited
  • 1978Subjectively weighted utility: A descriptive extension of the expected utility model350 cited
  • 1948An Experimental Study of the Auction-Value of an Uncertain Outcome326 cited
  • 1991Rank- and sign-dependent linear utility models for finite first-order gambles306 cited
  • 1994Generalized Expected Utility Theory: The Rank-Dependent Model.170 cited
  • 1967

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Utility theory and additivity analysis of risky choices.
144 cited

Cited by

  • 2007Why do people pay taxes? Prospect theory versus expected utility theory274 cited
  • 2010The Analytic Hierarchy Process and the Theory of Measurement149 cited
  • 2008Parametric weighting functions78 cited
  • 2013Discriminating among probability weighting functions using adaptive design optimization68 cited
  • 2012The Missing Link: Unifying Risk Taking and Time Discounting62 cited
  • 2006Empirical evaluation of a model of global psychophysical judgments: IV. Forms for the weighting function47 cited
  • 2005Measurement Analogies: Comparisons of Behavioral And Physical Measures44 cited
  • 2006A simple derivation of Prelec's probability weighting function36 cited
  • 2011Probability Weighting Functions33 cited
  • 2008On probabilities and loss aversion32 cited
  • 2010Behavioral assumptions for a class of utility theories: A program of experiments27 cited
  • 1920Choice, preference, and utility: probabilistic and deterministic representations24 cited
  • 2007A behavioral condition for Prelec's weighting function on the positive line without assuming22 cited
  • 2016Empirical evaluation of four models of buying and selling prices of gambles21 cited
  • 2002A Simple Axiomatization of Binary Rank-Dependent Utility of Gains (Losses)18 cited
  • 2011Negative recency, randomization device choice, and reduction of compound lotteries16 cited