SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
Expected utility with ambiguous probabilities and ?irrational? parameters
16 references·6 citing·28 second hop
Expected utility with ambiguous probabilities and ?irrational? parameters (1978)Expected utility with ambiguous probabili…Präferenz- und Entscheidungstheorie (2025)Präferenz- und Entscheidungst…Portfolio choice and equilibrium in capital markets with safety-first investors (1977)Portfolio choice and equilibr…Risk Aversion in the Small and in the Large (1976)Risk Aversion in the Small an…Essays on Economic Behavior Under Uncertainty. (1976)Essays on Economic Behavior U…Utility Theory for Decision Making (1971)Utility Theory for Decision M…Conditional Expected Utility (1971)Conditional Expected UtilityConditional Expected Utility (1971)Conditional Expected UtilityUTILITY THEORY FOR DECISION MAKING (1970)UTILITY THEORY FOR DECISION M…Measuring Nonmonetary Utilities in Uncertain Choices: The Ellsberg Urn (1969)Measuring Nonmonetary Utiliti…Entscheidungskriterien bei Risiko (1967)Entscheidungskriterien bei Ri…Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…Risk, Ambiguity, and the Savage Axioms: Comment (1961)Risk, Ambiguity, and the Sava…Risk, Ambiguity, and the Savage Axioms (1961)Risk, Ambiguity, and the Sava…Distortion of Subjective Probabilities as a Reaction to Uncertainty (1961)Distortion of Subjective Prob…An Axiomatic Approach to Measurable Utility (1953)An Axiomatic Approach to Meas…Theory of Games and Economic Behavior (1945)Theory of Games and Economic …Fuzzy logic-based generalized decision theory with imperfect information (2011)Fuzzy logic-based generalized…Entscheidungskalküle jenseits des subjektiven Erwartungsnutzens (2004)Entscheidungskalküle jenseits…Ambiguity Aversion in the Brain (2004)Ambiguity Aversion in the Bra…Risikoanalyse und optimale Entscheidung im Einperiodenfall (2003)Risikoanalyse und optimale En…Chapter 39 Utility and subjective probability (1994)Chapter 39 Utility and subjec…Decisions with indeterminate probabilities (1986)Decisions with indeterminate …A Generalization of the Quasilinear Mean with Applications to the Measurement of Income Inequality and Decision Theory Resolving the Allais Paradox (1983)Theory of Financial Decision Making. (1988)Theory of Decision under Uncertainty (2009)Theory of games and economic behavior (2019)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)The arbitrage theory of capital asset pricing (1976)Optimal incentive contracts with imperfect information (1979)Risk Sharing and Incentives in the Principal and Agent Relationship (1979)Prospect theory: An analysis of decision under risk (1988)Advances in prospect theory: Cumulative representation of uncertainty (1992)The So-Called Allais Paradox and Rational Decisions under Uncertainty (1979)Neuroeconomics: Using Neuroscience to Make Economic Predictions (2007)Ambiguity and Ambiguity Aversion (2014)On Economic Inequality (1973)The structure of random utility models (1977)The Framing of Decisions and the Psychology of Choice (1985)Financial Intermediation and Delegated Monitoring (1984)Well-being : the foundations of hedonic psychology (1999)Representative design and probabilistic theory in a functional psychology. (1955)Features of similarity. (1977)Evolutionary game dynamics (2003)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)Preselective strategies for the optimization of stochastic project networks under resource constraints (1983)Stochastic scheduling problems I — General strategies (1984)Teams take the better risks (2006)
this work references cited by second hop

References

  • 1961Risk, Ambiguity, and the Savage Axioms7,892 cited
  • 1964Risk Aversion in the Small and in the Large4,964 cited
  • 1976Risk Aversion in the Small and in the Large4,655 cited
  • 1945Theory of Games and Economic Behavior4,006 cited
  • 1971Utility Theory for Decision Making2,460 cited
  • 1970UTILITY THEORY FOR DECISION MAKING1,614 cited
  • 1953An Axiomatic Approach to Measurable Utility704 cited
  • 1967Entscheidungskriterien bei Risiko368 cited
  • 1976Essays on Economic Behavior Under Uncertainty.294 cited
  • 1961Risk, Ambiguity, and the Savage Axioms: Comment246 cited
  • 1961Distortion of Subjective Probabilities as a Reaction to Uncertainty232 cited
  • 1977Portfolio choice and equilibrium in capital markets with safety-first investors215 cited
  • 1971Conditional Expected Utility136 cited
  • 1971Conditional Expected Utility128 cited
  • 2025Präferenz- und Entscheidungstheorie81 cited
  • 1969Measuring Nonmonetary Utilities in Uncertain Choices: The Ellsberg Urn71 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

  • 2011Fuzzy logic-based generalized decision theory with imperfect information90 cited
  • 1986Decisions with indeterminate probabilities9 cited
  • 1994Chapter 39 Utility and subjective probability7 cited
  • 2004Ambiguity Aversion in the Brain5 cited
  • 2004Entscheidungskalküle jenseits des subjektiven Erwartungsnutzens3 cited
  • 2003Risikoanalyse und optimale Entscheidung im Einperiodenfall0 cited