SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
Risk and Uncertainty Aversion on Certainty Equivalent Functions
14 references·5 citing·32 second hop
Risk and Uncertainty Aversion on Certainty Equivalent Functions (1999)Risk and Uncertainty Aversion on Certaint…Subjective probability and expected utility without additivity (2004)Subjective probability and ex…Risk and Uncertainty Aversion with Reference to the Theories Of Expected Utility, Rank Dependent Expected Utility, and Choquet Expected Utility. (1999)Risk and Uncertainty Aversion…New Tools to Better Model Behavior Under Risk and UNcertainty: An Oevrview (1997)New Tools to Better Model Beh…Separating marginal utility and probabilistic risk aversion (1994)Separating marginal utility a…Choice Under Uncertainty: Problems Solved and Unsolved (1992)Choice Under Uncertainty: Pro…Progress in Decision, Utility and Risk Theory (1991)Progress in Decision, Utility…Increasing Risk: Another Definition (1991)Increasing Risk: Another Defi…On the definition of risk aversion (1990)On the definition of risk ave…Subjective Probability and Expected Utility without Additivity (1989)Subjective Probability and Ex…Choice Under Uncertainty: Problems Solved and Unsolved (1987)Choice Under Uncertainty: Pro…Risk Aversion in the Small and in the Large (1976)Risk Aversion in the Small an…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…Risk, Ambiguity, and the Savage Axioms (1961)Risk, Ambiguity, and the Sava…On the decision under uncertainty in economic theory (2025)On the decision under uncerta…Certainty Equivalent: Many Meanings of a Mean (2015)Certainty Equivalent: Many Me…De Finetti and the Arrow-Pratt measure of risk aversion (2009)De Finetti and the Arrow-Prat…The State-Contingent Approach to Risk Premiums and Comparative Statics in Generalised Expected Utility Theory (1999)The State-Contingent Approach…RISK AND UNCERTAINTY AVERSION WITH MULTIDIMENSIONAL CONSEQUENCES (1999)RISK AND UNCERTAINTY AVERSION…Judgment under Uncertainty: Heuristics and Biases (1974)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)International Norm Dynamics and Political Change (1998)The Institutional Dynamics of International Political Orders (1998)Anomalies: Risk Aversion (2001)The Uncertainty Effect: When a Risky Prospect is Valued Less than its Worst Possible Outcome (2006)A parametric analysis of prospect theory’s functionals for the general population (2009)COMMON COMPONENTS OF RISK AND UNCERTAINTY ATTITUDES ACROSS CONTEXTS AND DOMAINS: EVIDENCE FROM 30 COUNTRIES (2014)Theory of games and economic behavior (2019)Utility Theory for Decision Making (1971)A theory of anticipated utility (1982)The Dual Theory of Choice under Risk (1987)RATIONAL CHOICE AND THE FRAMING OF DECISIONS (1988)Psychology and Economics (1997)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Why do people pay taxes? (1992)The irrelevance of inference: a decision-making approach to the stochastic evaluation of health care technologies (1999)Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case (1969)On the measurement of inequality (1970)Risk Aversion and Incentive Effects (2002)The Framing of Decisions and the Psychology of Choice (1981)Advances in prospect theory: Cumulative representation of uncertainty (1992)Time and risk (1995)Risk aversion in RDEU (2006)Risk Perception, Risk Attitude, and Decision: A Rank-Dependent Analysis (2015)Financial Intermediation and Delegated Monitoring (1984)Well-being : the foundations of hedonic psychology (1999)Recent developments in modeling preferences: Uncertainty and ambiguity (1992)A Smooth Model of Decision Making under Ambiguity (2005)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)
this work references cited by second hop

References

  • 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
  • 2004Subjective probability and expected utility without additivity2,510 cited
  • 1989Subjective Probability and Expected Utility without Additivity2,308 cited
  • 1966Aspects of the Theory of Risk-Bearing.1,888 cited
  • 1992Choice Under Uncertainty: Problems Solved and Unsolved948 cited
  • 1987Choice Under Uncertainty: Problems Solved and Unsolved878 cited
  • 1994Separating marginal utility and probabilistic risk aversion315 cited
  • 1991Increasing Risk: Another Definition52 cited
  • 1991Progress in Decision, Utility and Risk Theory22 cited
  • 1997New Tools to Better Model Behavior Under Risk and UNcertainty: An Oevrview22 cited
  • 1990On the definition of risk aversion17 cited
  • 1999Risk and Uncertainty Aversion with Reference to the Theories Of Expected Utility, Rank Dependent Expected Utility, and Choquet Expected Utility.10 cited

Cited by

  • 2009De Finetti and the Arrow-Pratt measure of risk aversion6 cited

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

  • 2015Certainty Equivalent: Many Meanings of a Mean2 cited
  • 2025On the decision under uncertainty in economic theory1 cited
  • 1999The State-Contingent Approach to Risk Premiums and Comparative Statics in Generalised Expected Utility Theory1 cited
  • 1999RISK AND UNCERTAINTY AVERSION WITH MULTIDIMENSIONAL CONSEQUENCES0 cited