Probability Dominance
Probability Dominance
About this item
Full title
Author / Creator
Publisher
One Rogers Street, Cambridge, MA 02142-1209, USA: MIT Press
Journal title
Language
English
Formats
Publication information
Publisher
One Rogers Street, Cambridge, MA 02142-1209, USA: MIT Press
Subjects
More information
Scope and Contents
Contents
The most commonly employed paradigms for decision making under risk are expected utility, prospect theory, and regret theory. We examine the simple heuristic of maximizing the probability of being ahead, which in some natural economic situations may be in contradiction to all three of the above fundamental paradigms. We test whether this heuristic,...
Alternative Titles
Full title
Probability Dominance
Authors, Artists and Contributors
Author / Creator
Identifiers
Primary Identifiers
Record Identifier
TN_cdi_proquest_journals_2898981762
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2898981762
Other Identifiers
ISSN
0034-6535
E-ISSN
1530-9142
DOI
10.1162/rest_a_00890
