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A New Representation of Preferences over "Certain x Uncertain" Consumption Pairs: The "Ordinal Certainty Equivalent" Hypothesis
7 references·16 citing·33 second hop
A New Representation of Preferences over "Certain x Uncertain" Consumption Pairs: The "Ordinal Certainty Equivalent" Hypothesis (1978)A New Representation of Preferences over …Theory of games and economic behavior (2019)Theory of games and economic …Temporal Resolution of Uncertainty and Dynamic Choice Theory (1978)Temporal Resolution of Uncert…Risk Aversion in the Small and in the Large (1976)Risk Aversion in the Small an…LIFETIME PORTFOLIO SELECTION BY DYNAMIC STOCHASTIC PROGRAMMING (1975)LIFETIME PORTFOLIO SELECTION …Essays in the Theory of Risk-Bearing. (1972)Essays in the Theory of Risk-…Utility Theory for Decision Making (1971)Utility Theory for Decision M…Theory of Value (1959)Theory of ValueManaging Catastrophic Climate Risks Under Model Uncertainty Aversion (2016)Managing Catastrophic Climate…Precautionary Saving and Consumption Smoothing across Time and Possibilities (2009)Precautionary Saving and Cons…Determinants of risk-taking: Behavioral and economic views (1993)Determinants of risk-taking: …Asset returns and intertemporal preferences (1991)Asset returns and intertempor…Asset Prices in an Exchange Economy with Habit Formation (1991)Asset Prices in an Exchange E…Nonexpected Utility in Macroeconomics (1990)Nonexpected Utility in Macroe…Disentangling the Coefficient of Relative Risk Aversion from the Elasticity of Intertemporal Substitution: An Irrelevance Result (1990)Disentangling the Coefficient…Risk Aversion and Intertemporal Substitution in the Capital Asset Pricing Model (1989)Risk Aversion and Intertempor…Portfolio choice with non-expected utility in continuous time (1989)Portfolio choice with non-exp…Intertemporal Substitution, Risk Aversion and the Euler Equation for Consumption (1989)Intertemporal Substitution, R…The Structure of Intertemporal Preferences under Uncertainty and Time Consistent Plans (1985)The Structure of Intertempora…Estimating the Continuous Time Consumption Based Asset Pricing Model (1985)Estimating the Continuous Tim…Temporal risk and the nature of induced preferences (1984)Temporal risk and the nature …Decision Making and the Temporal Resolution of Uncertainty (1980)Decision Making and the Tempo…Temporal von neumann-morgenstern and induced preferences (1979)Temporal von neumann-morgenst…Dynamic Choice Theory and Dynamic Programming (1979)Dynamic Choice Theory and Dyn…Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case (1969)Optimum consumption and portfolio rules in a continuous-time model (1971)The equity premium: A puzzle (1985)The Interaction Between Time-Nonseparable Preferences and Time Aggregation (1993)Equilibrium Portfolio Strategies in the Presence of Sentiment Risk and Excess Volatility (2007)Why Does Return Predictability Concentrate in Bad Times? (2017)An Intertemporal Capital Asset Pricing Model (1973)Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework (1989)The Equity Premium Puzzle and the Riskfree Rate Puzzle (1989)Unequal Societies: Income Distribution and the Social Contract (2000)Rare Disasters, Asset Prices, and Welfare Costs (2009)Portfolio Selection: Efficient Diversification of Investments (1959)Risk Aversion in the Small and in the Large (1964)A Theory of the Term Structure of Interest Rates (1985)Asset Prices in an Exchange Economy (1978)A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle (1989)Robust Permanent Income and Pricing (1999)The Declining Equity Premium: What Role Does Macroeconomic Risk Play? (2007)Underinvestment in a Profitable Technology: The Case of Seasonal Migration in Bangladesh (2014)The Framing of Decisions and the Psychology of Choice (1981)Maxmin expected utility with non-unique prior (1989)Time Discounting and Time Preference: A Critical Review (2002)Moral Hazard and Observability (1979)Prospect theory: An analysis of decision under risk (1988)The New Institutional Economics: Taking Stock, Looking Ahead (2000)A Smooth Model of Decision Making under Ambiguity (2005)Expected Stock Returns and Variance Risk Premia (2009)Toward a positive theory of consumer choice (1980)Non-cooperative games (1989)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Agency Problems and Residual Claims (1983)Well-being : the foundations of hedonic psychology (1999)Financial Intermediation and Delegated Monitoring (1984)
this work references cited by second hop

References

  • 2019Theory of games and economic behavior16,630 cited
  • 1976Risk Aversion in the Small and in the Large4,655 cited
  • 1972Essays in the Theory of Risk-Bearing.3,991 cited
  • 1959Theory of Value2,538 cited
  • 1971Utility Theory for Decision Making2,460 cited
  • 1975LIFETIME PORTFOLIO SELECTION BY DYNAMIC STOCHASTIC PROGRAMMING1,941 cited
  • 1978Temporal Resolution of Uncertainty and Dynamic Choice Theory1,822 cited

Cited by

  • 1990Nonexpected Utility in Macroeconomics986 cited
  • 1991Asset returns and intertemporal preferences383 cited
  • 1991Asset Prices in an Exchange Economy with Habit Formation298 cited
  • 1989Intertemporal Substitution, Risk Aversion and the Euler Equation for Consumption232 cited
  • 1980Decision Making and the Temporal Resolution of Uncertainty211 cited
  • 1985Estimating the Continuous Time Consumption Based Asset Pricing Model186 cited
  • 1979Temporal von neumann-morgenstern and induced preferences172 cited
  • 1993Determinants of risk-taking: Behavioral and economic views166 cited
  • 1984Temporal risk and the nature of induced preferences

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152 cited
  • 1990Disentangling the Coefficient of Relative Risk Aversion from the Elasticity of Intertemporal Substitution: An Irrelevance Result151 cited
  • 1989Portfolio choice with non-expected utility in continuous time139 cited
  • 1989Risk Aversion and Intertemporal Substitution in the Capital Asset Pricing Model137 cited
  • 2009Precautionary Saving and Consumption Smoothing across Time and Possibilities132 cited
  • 1979Dynamic Choice Theory and Dynamic Programming112 cited
  • 1985The Structure of Intertemporal Preferences under Uncertainty and Time Consistent Plans109 cited
  • 2016Managing Catastrophic Climate Risks Under Model Uncertainty Aversion105 cited