Similarity Judgments in Choice under Uncertainty: A Reinterpretation of the Predictions of Regret Theory
The Regret theory of Loomes and Sugden (1982) predicts choice anomalies implied by other alternatives to expected utility (e.g., violations of the independence axiom). It also makes unique and controversial predictions regarding the rational violation of stochastic dominance and invariance. All thes...
Veröffentlicht in: | Management Science. - Institute for Operations Research and the Management Sciences, 1954. - 44(1998), 5, Seite 659-672 |
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Format: | Online-Aufsatz |
Sprache: | English |
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1998
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Zugriff auf das übergeordnete Werk: | Management Science |
Schlagworte: | Decision Making Similarity Judgments Regret Theory Choice Theory Behavioral sciences Economics Applied sciences Philosophy Mathematics |
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