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Decision Under Risk
16 references·16 citing·20 second hopsampled
Decision Under Risk (2004)Decision Under RiskTheory of games and economic behavior (2019)Theory of games and economic …Games and Decisions (2015)Games and DecisionsThe Handbook of experimental economics (1995)The Handbook of experimental …Advances in prospect theory: Cumulative representation of uncertainty (1992)Advances in prospect theory: …RATIONAL CHOICE AND THE FRAMING OF DECISIONS (1988)RATIONAL CHOICE AND THE FRAMI…Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …Regret Theory: An Alternative Theory of Rational Choice Under Uncertainty (1982)Regret Theory: An Alternative…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…The illusion of control. (1975)The illusion of control.Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…Risk, Ambiguity, and the Savage Axioms (1961)Risk, Ambiguity, and the Sava…Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine (1953)Le Comportement de l'Homme Ra…Theory of Games and Economic Behavior (1945)Theory of Games and Economic …Risk, Uncertainty and Profit (1921)Risk, Uncertainty and ProfitRisk (2015)RiskWhat Is Privacy Worth? (2013)What Is Privacy Worth?Why humans are (sometimes) less rational than other animals: Cognitive complexity and the axioms of rational choice (2012)Why humans are (sometimes) le…Explaining the Iraq War: counterfactual theory, logic, and evidence (2012)Explaining the Iraq War: coun…Risk and rationality: The effects of mood and decision rules on probability weighting (2011)Risk and rationality: The eff…Probability and Time Trade-Off (2011)Probability and Time Trade-OffMODELING THE EFFECT OF REWARD AMOUNT ON PROBABILITY DISCOUNTING (2011)MODELING THE EFFECT OF REWARD…Intelligence and Rationality (2011)Intelligence and RationalityMeasuring the time stability of Prospect Theory preferences (2010)Measuring the time stability …Understanding the Dynamics of Decision-Making and Choice: A Scoping Study of Key Psychological Theories to Inform The Design and Analysis of the Panel Study (2008)Understanding the Dynamics of…The Development of Rational Thought: A Taxonomy of Heuristics and Biases (2008)The Development of Rational T…Judging Audit Quality in Light of Adverse Outcomes: Evidence of Outcome Bias and Reverse Outcome Bias* (2008)Judging Audit Quality in Ligh…An Empirical Test of Gain-Loss Separability in Prospect Theory (2008)An Empirical Test of Gain-Los…The addition of anticipated regret to attitudinally based, goal‐directed models of information search behaviours under conditions of uncertainty and risk (2007)The addition of anticipated r…Testing for intransitivity of preferences predicted by a lexicographic semi-order (2007)Testing for intransitivity of…Stochastic Dominance and Cumulative Prospect Theory (2006)Stochastic Dominance and Cumu…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)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)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)Entrepreneurial discovery and the competitive market process: an Austrian approach (2000)Gender Differences in Preferences (2009)Exploration and Exploitation in Organizational Learning (1991)Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance (2007)Toward a positive theory of consumer choice (1980)Non-cooperative games (1989)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
  • 2019Theory of games and economic behavior16,630 cited
  • 1992Advances in prospect theory: Cumulative representation of uncertainty15,457 cited
  • 1921Risk, Uncertainty and Profit9,962 cited
  • 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
  • 1953Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine4,117 cited
  • 1982Regret Theory: An Alternative Theory of Rational Choice Under Uncertainty4,041 cited
  • 1945Theory of Games and Economic Behavior4,006 cited
  • 1975The illusion of control.3,843 cited
  • 1988RATIONAL CHOICE AND THE FRAMING OF DECISIONS3,712 cited
  • 1995The Handbook of experimental economics3,678 cited
  • 2015Games and Decisions

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Cited by

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  • 2010Measuring the time stability of Prospect Theory preferences119 cited
  • 2008An Empirical Test of Gain-Loss Separability in Prospect Theory110 cited
  • 2008Judging Audit Quality in Light of Adverse Outcomes: Evidence of Outcome Bias and Reverse Outcome Bias*100 cited
  • 2007The addition of anticipated regret to attitudinally based, goal‐directed models of information search behaviours under conditions of uncertainty and risk88 cited
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  • 2011MODELING THE EFFECT OF REWARD AMOUNT ON PROBABILITY DISCOUNTING82 cited
  • 2007Testing for intransitivity of preferences predicted by a lexicographic semi-order82 cited
  • 2012Why humans are (sometimes) less rational than other animals: Cognitive complexity and the axioms of rational choice81 cited
  • 2011Intelligence and Rationality77 cited
  • 2012Explaining the Iraq War: counterfactual theory, logic, and evidence73 cited
  • 2008Understanding the Dynamics of Decision-Making and Choice: A Scoping Study of Key Psychological Theories to Inform The Design and Analysis of the Panel Study72 cited