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Author:Starmer, C.
Title:Developments in non-expected utility theory: The hunt for a descriptive theory of choice under risk
Journal:Journal of Economic Literature
2000 : JUN, VOL. 38:2, p. 332-382
Index terms:Risk
Uncertainty
Utility functions
Models
Language:eng
Abstract:There is an attempt made to identify and discuss different modeling strategies, picking specific models as illustrations. Examined are descriptive as opposed to normative issues. It is focused on the problem of modeling choices under risk as opposed to the more general category of uncertainty.
SCIMA record nr: 212219
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