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Probability Transformations In The Study Of Behavior Toward Risk
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Probability Transformations In The Study Of Behavior Toward Risk (2003)Probability Transformations In The Study …Subjective probability and expected utility without additivity (2004)Subjective probability and ex…On the Shape of the Probability Weighting Function (1999)On the Shape of the Probabili…The Probability Weighting Function (1998)The Probability Weighting Fun…Advances in prospect theory: Cumulative representation of uncertainty (1992)Advances in prospect theory: …Subjective Probability and Expected Utility without Additivity (1989)Subjective Probability and Ex…Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …The Dual Theory of Choice under Risk (1987)The Dual Theory of Choice und…A theory of anticipated utility (1982)A theory of anticipated utili…The Framing of Decisions and the Psychology of Choice (1981)The Framing of Decisions and …Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …Risk Aversion in the Small and in the Large (1976)Risk Aversion in the Small an…Essays in the Theory of Risk-Bearing. (1972)Essays in the Theory of Risk-…Reversals of preference between bids and choices in gambling decisions. (1971)Reversals of preference betwe…Rules for Ordering Uncertain Prospects (1969)Rules for Ordering Uncertain …Crime and Punishment: An Economic Approach (1968)Crime and Punishment: An Econ…Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…The Slicing Method: Determining Insensitivity Regions of Probability Weighting Functions (2022)The Slicing Method: Determini…Random expected utility and certainty equivalents: mimicry of probability weighting functions (2017)Random expected utility and c…Empirical properties of group preference aggregation methods employed in AHP: Theory and evidence (2013)Empirical properties of group…A Comparison of Agent-Based Models of Income Tax Evasion (2006)A Comparison of Agent-Based M…Military Intervention Decisions Regarding Humanitarian Crises (2004)Military Intervention Decisio…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)Judgment under Uncertainty: Heuristics and Biases (1974)Perception of Risk (1987)Toward a Theory of Situation Awareness in Dynamic Systems (1995)Framing Processes and Social Movements: An Overview and Assessment (2000)Utility Theory for Decision Making (1971)Psychology and Economics (1997)Risk, Ambiguity, and the Savage Axioms (1961)Exploration and Exploitation in Organizational Learning (1991)Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance (2007)Economic Welfare and the Allocation of Resources for Invention (1962)Irrational Behavior and Economic Theory (1962)What Can Regulators Regulate? The Case of Electricity (1962)Income tax evasion: a theoretical analysis (1972)Advertising as Information (1974)Adolescence-limited and life-course-persistent antisocial behavior: A developmental taxonomy. (1993)Moral Hazard and Observability (1979)The New Institutional Economics: Taking Stock, Looking Ahead (2000)Financial Intermediation and Delegated Monitoring (1984)Well-being : the foundations of hedonic psychology (1999)On the measurement of inequality (1970)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)The arbitrage theory of capital asset pricing (1976)
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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
  • 1981The Framing of Decisions and the Psychology of Choice17,834 cited
  • 1992Advances in prospect theory: Cumulative representation of uncertainty15,457 cited
  • 1968Crime and Punishment: An Economic Approach13,984 cited
  • 1964Risk Aversion in the Small and in the Large4,964 cited
  • 1976Risk Aversion in the Small and in the Large4,655 cited
  • 1972Essays in the Theory of Risk-Bearing.3,991 cited
  • 1982A theory of anticipated utility3,136 cited
  • 2004Subjective probability and expected utility without additivity2,510 cited
  • 1987The Dual Theory of Choice under Risk2,426 cited
  • 1989Subjective Probability and Expected Utility without Additivity2,308 cited
  • 1998The Probability Weighting Function1,998 cited
  • 1969Rules for Ordering Uncertain Prospects1,757 cited
  • 1971Reversals of preference between bids and choices in gambling decisions.1,571 cited
  • 1999On the Shape of the Probability Weighting Function

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  • 2006A Comparison of Agent-Based Models of Income Tax Evasion103 cited
  • 2013Empirical properties of group preference aggregation methods employed in AHP: Theory and evidence77 cited
  • 2004Military Intervention Decisions Regarding Humanitarian Crises62 cited
  • 2017Random expected utility and certainty equivalents: mimicry of probability weighting functions8 cited
  • 2022The Slicing Method: Determining Insensitivity Regions of Probability Weighting Functions2 cited