Compound invariance implies prospect theory for simple prospects
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چکیده
منابع مشابه
Compound Invariance Implies Prospect Theory for Simple Prospects
Behavioral conditions such as compound invariance for risky choice and constant decreasing relative impatience for intertemporal choice have surprising implications for the underlying decision model. They imply a multiplicative separability of outcomes and either probability or time. Hence the underlying model must be prospect theory or discounted utility on the domain of prospects with one non...
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ژورنال
عنوان ژورنال: Journal of Mathematical Psychology
سال: 2013
ISSN: 0022-2496
DOI: 10.1016/j.jmp.2013.04.002