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Diminishing Marginal Utility of Wealth Cannot Explain Risk Aversion
16 references·16 citing·31 second hopsampled
Diminishing Marginal Utility of Wealth Cannot Explain Risk Aversion (2000)Diminishing Marginal Utility of Wealth Ca…Risk aversion and expected-utility theory: A calibration theorem (2013)Risk aversion and expected-ut…Timid Choices and Bold Forecasts: A Cognitive Perspective on Risk Taking (2000)Timid Choices and Bold Foreca…Risk Aversion and Expected-utility Theory: A Calibration Theorem (2000)Risk Aversion and Expected-ut…The Effect of Myopia and Loss Aversion on Risk Taking: An Experimental Test (1997)The Effect of Myopia and Loss…An Experiment on Risk Taking and Evaluation Periods (1997)An Experiment on Risk Taking …Myopic Loss Aversion and the Equity Premium Puzzle (1995)Myopic Loss Aversion and the …The Predictive Utility of Generalized Expected Utility Theories (1994)The Predictive Utility of Gen…Timid Choices and Bold Forecasts: A Cognitive Perspective on Risk Taking (1993)Timid Choices and Bold Foreca…Myopic Loss Aversion and the Equity Premium Puzzle (1993)Myopic Loss Aversion and the …Choice Under Uncertainty: Problems Solved and Unsolved (1992)Choice Under Uncertainty: Pro…Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias (1991)Anomalies: The Endowment Effe…The Consumption of Stockholders and Non-Stockholders (1990)The Consumption of Stockholde…Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …Choice Under Uncertainty: Problems Solved and Unsolved (1987)Choice Under Uncertainty: Pro…Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …Essays in the Theory of Risk-Bearing. (1972)Essays in the Theory of Risk-…Moderating Loss Aversion: Loss Aversion Has Moderators, But Reports of its Death are Greatly Exaggerated (2019)Moderating Loss Aversion: Los…Is transformational leadership always good for employee task performance? Examining curvilinear and moderated relationships (2018)Is transformational leadershi…An Experimental Test of the Lucas Asset Pricing Model (2018)An Experimental Test of the L…Regular prices and sales (2014)Regular prices and salesHigher quality or lower price? How value-increasing promotions affect retailer reputation via perceived value (2014)Higher quality or lower price…Uncertainty Equivalents: Testing the Limits of the Independence Axiom (2011)Uncertainty Equivalents: Test…Personality Psychology and Economics (2011)Personality Psychology and Ec…A MODEL OF NONBELIEF IN THE LAW OF LARGE NUMBERS (2011)A MODEL OF NONBELIEF IN THE L…Insurance Demand Anomalies and Regulation (2010)Insurance Demand Anomalies an…Rejecting small gambles under expected utility (2006)Rejecting small gambles under…Happiness and Public Policy: A Challenge to the Profession (2006)Happiness and Public Policy: …The Impact of Consumer Loss Aversion on Pricing (2005)The Impact of Consumer Loss A…Natural selection and the regulation of defenses (2005)Natural selection and the reg…Myopic prospect theory vs. myopic loss aversion: how general is the phenomenon? (2004)Myopic prospect theory vs. my…Assessing Individual Risk Attitudes Using Field Data From Lottery Games (2003)Assessing Individual Risk Att…Risk-taking, intrasexual competition, and homicide. (2001)Risk-taking, intrasexual comp…Advances in prospect theory: Cumulative representation of uncertainty (1992)Chapter 18 A survey of behavioral finance (2003)Strong Evidence for Gender Differences in Risk Taking (2011)Status quo bias in decision making (1988)Do Investors Trade Too Much? (1999)Familiarity Breeds Investment (2001)Investor Psychology and Asset Pricing (2001)Judgment under Uncertainty: Heuristics and Biases (1975)Representativeness Revisited: Attribute Substitution in Intuitive Judgment (2002)A perspective on judgment and choice: Mapping bounded rationality. (2003)Maps of Bounded Rationality: Psychology for Behavioral Economics (2003)An Intertemporal Capital Asset Pricing Model (1973)Asset Prices in an Exchange Economy (1978)The equity premium: A puzzle (1985)Portfolio Choice and Asset Prices: The Importance of Entrepreneurial Risk (2000)Strategic Asset Allocation (2002)Equity Portfolio Diversification (2008)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. (1984)Loss Aversion in Riskless Choice: A Reference-Dependent Model (1991)Individual differences in reasoning: Implications for the rationality debate? (2000)Heuristics and Biases: The Psychology of Intuitive Judgment (2004)Moral Hazard and Observability (1979)The New Institutional Economics: Taking Stock, Looking Ahead (2000)Risk Aversion and Incentive Effects (2002)Cognitive Reflection and Decision Making (2005)Psychology and Economics: Evidence from the Field (2009)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1979Prospect Theory: An Analysis of Decision under Risk48,459 cited
  • 1988Prospect theory: An analysis of decision under risk32,475 cited
  • 1991Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias5,015 cited
  • 1972Essays in the Theory of Risk-Bearing.3,991 cited
  • 1995Myopic Loss Aversion and the Equity Premium Puzzle2,486 cited
  • 1993Timid Choices and Bold Forecasts: A Cognitive Perspective on Risk Taking2,041 cited
  • 1993Myopic Loss Aversion and the Equity Premium Puzzle1,799 cited
  • 2000Risk Aversion and Expected-utility Theory: A Calibration Theorem1,623 cited
  • 1990The Consumption of Stockholders and Non-Stockholders1,289 cited
  • 1997An Experiment on Risk Taking and Evaluation Periods1,280 cited
  • 2000Timid Choices and Bold Forecasts: A Cognitive Perspective on Risk Taking1,277 cited
  • 1997The Effect of Myopia and Loss Aversion on Risk Taking: An Experimental Test1,050 cited
  • 1992Choice Under Uncertainty: Problems Solved and Unsolved948 cited
  • 1987Choice Under Uncertainty: Problems Solved and Unsolved878 cited
  • 1994The Predictive Utility of Generalized Expected Utility Theories740 cited

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  • 2013Risk aversion and expected-utility theory: A calibration theorem692 cited
  • Cited by

    • 2011Personality Psychology and Economics540 cited
    • 2006Happiness and Public Policy: A Challenge to the Profession487 cited
    • 2005Natural selection and the regulation of defenses365 cited
    • 2001Risk-taking, intrasexual competition, and homicide.225 cited
    • 2014Regular prices and sales145 cited
    • 2019Moderating Loss Aversion: Loss Aversion Has Moderators, But Reports of its Death are Greatly Exaggerated119 cited
    • 2018Is transformational leadership always good for employee task performance? Examining curvilinear and moderated relationships105 cited
    • 2011A MODEL OF NONBELIEF IN THE LAW OF LARGE NUMBERS101 cited
    • 2014Higher quality or lower price? How value-increasing promotions affect retailer reputation via perceived value90 cited
    • 2005The Impact of Consumer Loss Aversion on Pricing83 cited
    • 2004Myopic prospect theory vs. myopic loss aversion: how general is the phenomenon?77 cited
    • 2003Assessing Individual Risk Attitudes Using Field Data From Lottery Games74 cited
    • 2006Rejecting small gambles under expected utility71 cited
    • 2018An Experimental Test of the Lucas Asset Pricing Model67 cited
    • 2011Uncertainty Equivalents: Testing the Limits of the Independence Axiom64 cited
    • 2010Insurance Demand Anomalies and Regulation57 cited