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Possibilistic risk aversion in group decisions: theory with application in the insurance of giga-investments valued through the fuzzy pay-off method
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Possibilistic risk aversion in group decisions: theory with application in the insurance of giga-investments valued through the fuzzy pay-off method (2016)Possibilistic risk aversion in group deci…Theory of games and economic behavior (2019)Theory of games and economic …Risk aversion and expected-utility theory: A calibration theorem (2013)Risk aversion and expected-ut…Risk Aversion and Expected-utility Theory: A Calibration Theorem (2000)Risk Aversion and Expected-ut…Decisions with Multiple Objectives: Preferences and Value Tradeoffs. (1994)Decisions with Multiple Objec…A Framework for Integrated Risk Management in International Business (1992)A Framework for Integrated Ri…Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …Cardinal Welfare, Individualistic Ethics, and Interpersonal Comparisons of Utility (1980)Cardinal Welfare, Individuali…Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …Decisions with Multiple Objectives: Preferences and Value Tradeoffs. (1977)Decisions with Multiple Objec…Risk Aversion in the Small and in the Large (1976)Risk Aversion in the Small an…Optimal rules for ordering uncertain prospects (1975)Optimal rules for ordering un…Essays in the Theory of Risk-Bearing. (1972)Essays in the Theory of Risk-…Rules for Ordering Uncertain Prospects (1969)Rules for Ordering Uncertain …Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…Cardinal Welfare, Individualistic Ethics, and Interpersonal Comparisons of Utility (1955)Cardinal Welfare, Individuali…Theory of Games and Economic Behavior (1945)Theory of Games and Economic …Risk, Ambiguity, and the Savage Axioms (1961)Judgment under Uncertainty: Heuristics and Biases (1975)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)Conjoint Analysis in Consumer Research: Issues and Outlook (1978)Electronic markets and electronic hierarchies (1987)Best-worst multi-criteria decision-making method (2014)Moral Hazard and Observability (1979)Toward a knowledge‐based theory of the firm (1996)Toward a positive theory of consumer choice (1980)Non-cooperative games (1989)Multiagent systems: algorithmic, game-theoretic, and logical foundations (2009)Evolutionary Game Theory (2011)Dynamic Capabilities and Organizational Agility: Risk, Uncertainty and Entrepreneurial Management in the Innovation Economy (2016)Financial Intermediation and Delegated Monitoring (1984)Well-being : the foundations of hedonic psychology (1999)Citizen Participation in Decision Making: Is It Worth the Effort? (2004)Extended VIKOR method in comparison with outranking methods (2006)Multi-criteria decision analysis in environmental sciences: Ten years of applications and trends (2011)Advances in prospect theory: Cumulative representation of uncertainty (1992)On Economic Inequality (1973)Equality of Opportunity (1998)Intuitionistic Fuzzy Aggregation Operators (2007)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

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  • 2019Theory of games and economic behavior16,777 cited
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  • 2013

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Risk aversion and expected-utility theory: A calibration theorem
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