Testing between alternative models of choice under uncertainty: Some initial results
Testing between alternative models of choice under uncertainty: Some initial results
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不确定性下选择的替代模型之间的测试：一些初步结果
DOI：
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发表时间：
1990
期刊：
影响因子：
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通讯作者：
Komain Jiranyakul
中科院分区：
文献类型：
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作者：
R. Battalio;J. Kagel;Komain Jiranyakul
实验已经发现了一些众所周知的违反预期效用理论的行为，从而产生了不确定性下的替代选择模型，所有这些模型都能够解释这些违规行为。在这篇文章中，对几个主要的竞争配方的预测进行了检验。没有一种单一的选择能够始终如一地组织选择。在更重要的不一致中，我们确定了在单位概率三角形中产生系统无差异曲线扇形的条件，并在前景理论预测风险厌恶的情况下，发现在所有正收益的情况下，对一些赌博喜欢冒险。
Experiments have identified a number of well-known violations of expected utility theory, giving rise to alternative models of choice under uncertainty, all of which are able to explain these violations. In this article, predictions of several prominent rival formulations are examined. No single alternative consistently organizes choices. Among the more important inconsistencies, we identify conditions generating systematic fanning in of indifference curves in the unit probability triangle, and find risk-loving over a number of gambles with all positive payoffs, in cases where prospect theory predicts risk aversion.