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An explanation of each-way wagers in three models of risky choice
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References

  • 1992Advances in prospect theory: Cumulative representation of uncertainty15,457 cited
  • 1982A theory of anticipated utility3,136 cited
  • 1998The Probability Weighting Function1,998 cited
  • 2005PROBABILITY WEIGHTING FUNCTION1,041 cited
  • 1993Generalized Expected Utility Theory478 cited
  • 1998Bettors Love Skewness, Not Risk, at the Horse Track402 cited
  • 1998The Economics of Wagering Markets381 cited
  • 2010Explaining the Favorite–Long Shot Bias: Is it Risk-Love or Misperceptions?318 cited
  • 2000Estimating Preferences under Risk: The Case of Racetrack Bettors237 cited
  • 1965Utility Analysis and Group Behavior: An Empirical Study156 cited
  • 1986Betting and Equilibrium126 cited
  • 1973Assigning Probabilities to the Outcomes of Multi-Entry Competitions89 cited
  • 2014Prospect theory and the “forgotten” fourfold pattern of risk preferences65 cited
  • 2023Cumulative Prospect Theory in the Laboratory: A Reconsideration46 cited
  • 1998Risk strategy under task complexity: a multivariate analysis of behaviour in a naturalistic setting25 cited
  • 2014Heuristic and Analytic Processing in Online Sports Betting

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