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Rational Responses to Risks
16 references·2 citing·33 second hop
Rational Responses to Risks (2020)Rational Responses to RisksNudge: improving decisions about health, wealth, and happiness (2008)Nudge: improving decisions ab…Subjective probability and expected utility without additivity (2004)Subjective probability and ex…Intrinsic and Extrinsic Motivation (2003)Intrinsic and Extrinsic Motiv…Risk Aversion and Incentive Effects (2002)Risk Aversion and Incentive E…Value At Risk: The New Benchmark for Managing Financial Risk (2000)Value At Risk: The New Benchm…Decisions with Multiple Objectives: Preferences and Value Tradeoffs. (1994)Decisions with Multiple Objec…Advances in prospect theory: Cumulative representation of uncertainty (1992)Advances in prospect theory: …Subjective Probability and Expected Utility without Additivity (1989)Subjective Probability and Ex…A theory of anticipated utility (1982)A theory of anticipated utili…The Framing of Decisions and the Psychology of Choice (1981)The Framing of Decisions and …On The Quantitative Definition of Risk (1981)On The Quantitative Definitio…Essays in the Theory of Risk-Bearing. (1972)Essays in the Theory of Risk-…Aspects of the Theory of Risk-Bearing. (1966)Aspects of the Theory of Risk…Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…Portfolio Selection: Efficient Diversification of Investments (1959)Portfolio Selection: Efficien…Exposition of a New Theory on the Measurement of Risk (1954)Exposition of a New Theory on…Attitudes toward risk are complicated: experimental evidence for the re-individuation approach to risk-attitudes (2022)Attitudes toward risk are com…Decision Theory (2013)Decision TheoryJudgment under Uncertainty: Heuristics and Biases (1975)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)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)RATIONAL CHOICE AND THE FRAMING OF DECISIONS (1988)Theory of games and economic behavior (2019)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 Aversion in the Small and in the Large (1976)Oxytocin increases trust in humans (2005)Gender Differences in Preferences (2009)INDIVIDUAL RISK ATTITUDES: MEASUREMENT, DETERMINANTS, AND BEHAVIORAL CONSEQUENCES (2011)The behaviour change wheel: A new method for characterising and designing behaviour change interventions (2011)Poverty Impedes Cognitive Function (2013)Using social and behavioural science to support COVID-19 pandemic response (2020)Conjoint Analysis in Consumer Research: Issues and Outlook (1978)Risk management in a dynamic society: a modelling problem (1997)Best-worst multi-criteria decision-making method (2014)Moral Hazard and Observability (1979)The New Institutional Economics: Taking Stock, Looking Ahead (2000)Latin hypercube sampling and the propagation of uncertainty in analyses of complex systems (2003)Survey of sampling-based methods for uncertainty and sensitivity analysis (2006)Risk assessment and risk management: Review of recent advances on their foundation (2015)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)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

  • 1981The Framing of Decisions and the Psychology of Choice17,834 cited
  • 1992Advances in prospect theory: Cumulative representation of uncertainty15,457 cited
  • 2008Nudge: improving decisions about health, wealth, and happiness11,572 cited
  • 1994Decisions with Multiple Objectives: Preferences and Value Tradeoffs.8,369 cited
  • 2002Risk Aversion and Incentive Effects5,973 cited
  • 1959Portfolio Selection: Efficient Diversification of Investments5,535 cited
  • 1964Risk Aversion in the Small and in the Large4,964 cited
  • 1972Essays in the Theory of Risk-Bearing.3,991 cited
  • 1982A theory of anticipated utility3,136 cited
  • 1981On The Quantitative Definition of Risk3,099 cited
  • 2003Intrinsic and Extrinsic Motivation2,912 cited
  • 1954Exposition of a New Theory on the Measurement of Risk2,787 cited
  • 2004Subjective probability and expected utility without additivity2,510 cited
  • 2000Value At Risk: The New Benchmark for Managing Financial Risk2,478 cited
  • 1989Subjective Probability and Expected Utility without Additivity2,308 cited
  • 1966Aspects of the Theory of Risk-Bearing.

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  • 2022Attitudes toward risk are complicated: experimental evidence for the re-individuation approach to risk-attitudes5 cited
  • 2013Decision Theory5 cited