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Comparison of Mean-Variance Theory and Expected-Utility Theory through a Laboratory Experiment
9 references·2 citing·37 second hop
Comparison of Mean-Variance Theory and Expected-Utility Theory through a Laboratory Experiment (2004)Comparison of Mean-Variance Theory and Ex…Theory of games and economic behavior (2019)Theory of games and economic …The specification of conditional expectations (2001)The specification of conditio…Does repetition improve consistency? (2001)Does repetition improve consi…Investigation of stochastic preference theory using experimental data (1997)Investigation of stochastic p…Discriminating Between Preference Functionals: A Monte Carlo Study (1997)Discriminating Between Prefer…Incorporating a stochastic element into decision theories (1995)Incorporating a stochastic el…Investigating Generalizations of Expected Utility Theory Using Experimental Data (1994)Investigating Generalizations…Mean-Variance Versus Direct Utility Maximization (1984)Mean-Variance Versus Direct U…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)CAPITAL ASSET PRICES: A THEOR…ON THE CONCAVITY AND QUASICONCAVITY PROPERTIES OF UTILITY FUNCTIONS (2015)ON THE CONCAVITY AND QUASICON…Nonlinear Decision Weights or Skewness Preference? A Model Competition (2015)Nonlinear Decision Weights or…A theory of anticipated utility (1982)The Dual Theory of Choice under Risk (1987)Advances in prospect theory: Cumulative representation of uncertainty (1992)Comparing Theories: What are We Looking for? (2006)PORTFOLIO SELECTION* (1952)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)The Predictive Utility of Generalized Expected Utility Theories (1994)Field Experiments (2004)Dictator game giving: altruism or artefact? (2007)Risk Aversion in the Laboratory (2008)Regret Theory: An Alternative Theory of Rational Choice Under Uncertainty (1982)On the Shape of the Probability Weighting Function (1999)Eliciting Risk and Time Preferences (2008)"Expected Utility" Analysis without the Independence Axiom (1982)Quantal Response Equilibrium and Overbidding in Private-Value Auctions (2002)The affect gap in risky choice: Affect-rich outcomes attenuate attention to probability information. (2014)Portfolio Selection: Efficient Diversification of Investments (1959)Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small and in the Large (1976)The Sampling Error in Estimates of Mean‐Variance Efficient Portfolio Weights (1999)Commissioned Paper: Capacity Management, Investment, and Hedging: Review and Recent Developments (2003)Optimal Portfolio Allocation under Higher Moments (2006)Risk, Return, and Equilibrium: Empirical Tests (1973)Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation (1982)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Catching Up with the Joneses: Heterogeneous Preferences and the Dynamics of Asset Prices (2002)Chapter 15 Volatility and Correlation Forecasting (2006)Is Default Risk Negatively Related to Stock Returns? (2010)Why We Should Not Be Silent About Noise (2005)Stochastic utility theorem (2008)Changing the probability versus changing the reward (2009)The Pricing of Options and Corporate Liabilities (1973)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Common risk factors in the returns on stocks and bonds (1993)Toward a positive theory of consumer choice (1980)Prospect theory: An analysis of decision under risk (1988)Non-cooperative games (1989)
this work references cited by second hop

References

  • 1964CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*19,431 cited
  • 2019Theory of games and economic behavior16,630 cited
  • 1994Investigating Generalizations of Expected Utility Theory Using Experimental Data1,100 cited
  • 1984Mean-Variance Versus Direct Utility Maximization527 cited
  • 2001The specification of conditional expectations382 cited
  • 1995Incorporating a stochastic element into decision theories316 cited
  • 2001Does repetition improve consistency?106 cited
  • 1997Investigation of stochastic preference theory using experimental data49 cited
  • 1997Discriminating Between Preference Functionals: A Monte Carlo Study7 cited

Cited by

  • 2015ON THE CONCAVITY AND QUASICONCAVITY PROPERTIES OF UTILITY FUNCTIONS3 cited
  • 2015Nonlinear Decision Weights or Skewness Preference? A Model Competition3 cited

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