The Cost of Delayed Lottery Resolution

When an individual is given a lottery, he usually must wait some time interval before that lottery is resolved. Previous work from the literature has shown that if the individual has to make consumption decisions during that time interval, the lottery's utility will not equal the expected utili...

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Bibliographische Detailangaben
Veröffentlicht in:Operations Research. in. - Institute for Operations Research and the Management Sciences, 1956. - 36(1988), 1, Seite 115-121
1. Verfasser: Bordley, Robert F. (VerfasserIn)
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 1988
Zugriff auf das übergeordnete Werk:Operations Research. in
Schlagworte:Behavioral sciences Economics Mathematics