Additive Utility in Prospect Theory
Published Online:12 Feb 2009https://doi.org/10.1287/mnsc.1080.0978
References
- Parameter-free elicitation of utilities and probability weighting functions. Management Sci. (2000) 46:1497–1512Link, Google Scholar
- Reconciling introspective utility with revealed preference: Experimental arguments based on prospect theory. J. Econometrics (2007) 138:356–378Crossref, Google Scholar
- A tractable method to measure utility and loss aversion under prospect theory. J. Risk Uncertainty (2008) 36:245–266Crossref, Google Scholar
- Measuring loss aversion under prospect theory: A parameter-free approach. Management Sci. (2007) 53:1659–1674Link, Google Scholar
- Choice-based elicitation and decomposition of decision weights for gains and losses under uncertainty. Management Sci. (2005) 51:1384–1399Link, Google Scholar
- A test of the theory of reference-dependent preferences. Quart. J. Econom. (1997) 62:479–505Crossref, Google Scholar
- New paradoxes of risky decision making. Psych. Rev. (2008) 115:463–501Crossref, Google Scholar
- A characterization of quality-adjusted life-years under cumulative prospect theory. Math. Oper. Res. (2003) 28:181–193Link, Google Scholar
- A parameter-free elicitation of the probability weighting function in medical decision analysis. Management Sci. (2000) 46:1485–1496Link, Google Scholar
- Loss aversion and scale compatibility in two-attribute trade-offs. J. Math. Psych. (2002) 46:315–337Crossref, Google Scholar
- Parametric weighting functions. J. Econom. Theory (2009) . ForthcomingCrossref, Google Scholar
- Decomposition of multivariate utility functions in non-additive utility theory. J. Multi-Criteria Decision Anal. (1994) 3:41–58Crossref, Google Scholar
- A multiattribute utility analysis of alternatives for the disposition of surplus weapons-grade plutonium. Oper. Res. (1998) 46:749–762Link, Google Scholar
- Is probability weighting sensitive to the magnitude of consequences? An experimental investigation on losses. J. Risk Uncertainty (2004) 28:217–235Crossref, Google Scholar
- A fractional hypercube decomposition theorem for multiattribute utility functions. Oper. Res. (1975) 23:941–967Link, Google Scholar
- Risk preferences for gains and losses in multiple objective decision making. Management Sci. (1986) 32:1065–1086Link, Google Scholar
- Independence in utility theory with whole product sets. Oper. Res. (1965) 18:28–45Link, Google Scholar
- Multiattribute nonlinear utility theory. Management Sci. (1984) 30:1301–1310Link, Google Scholar
- A belief-based account of decision under uncertainty. Management Sci. (1998) 44:879–895Link, Google Scholar
- Prospect theory: An analysis of decision under risk. Econometrica (1979) 47:263–291Crossref, Google Scholar
- Decisions with Multiple Objectives (1976) (Wiley, New York) Google Scholar
- Is this the right time for a new decision analysis journal? Decision Anal. Soc. Newsletter (1998) 17:3Google Scholar
- What determines the shape of the probability weighting function under uncertainty? Management Sci. (2001) 47:1712–1726Link, Google Scholar
- Preference foundations for nonexpected utility: A generalized and simplified technique. Math. Oper. Res. (2003) 28:395–423Link, Google Scholar
- An index of loss aversion. J. Econom. Theory (2005) 122:119–131Crossref, Google Scholar
- Independence properties vis-à-vis several utility representations. Theory Decision (2005) 58:77–143Crossref, Google Scholar
- Generic utility theory: Measurement foundations and applications in multiattribute utility theory. J. Math. Psych. (1988) 32:357–404Crossref, Google Scholar
- Multiattribute utility theory without expected utility foundations. Oper. Res. (1996) 44:313–326Link, Google Scholar
- Multiattribute risky choice behavior: The editing of complex prospects. Management Sci. (1984) 30:1350–1361Link, Google Scholar
- The probability weighting function. Econometrica (1998) 66:497–527Crossref, Google Scholar
- Money, kisses, and electric shocks: On the affective psychology of risk. Psych. Sci. (2001) 12:185–190Crossref, Google Scholar
- Dynamic choice and nonexpected utility. J. Risk Uncertainty (1998) 17:87–119Crossref, Google Scholar
- Reference dependence in cumulative prospect theory. J. Math. Psych. (2003) 47:122–131Crossref, Google Scholar
- Explaining heterogeneity in utility functions by individual differences in decision modes. J. Econom. Psych. (2006) 27:386–401Crossref, Google Scholar
- Your money or your life: A prescriptive model for health, safety, and consumption decisions. Management Sci. (2005) 51:1309–1325Link, Google Scholar
- Decision analysis in Management Science. Management Sci. (2004) 50:561–574Link, Google Scholar
- Weighing risk and uncertainty. Psych. Rev. (1995) 102:269–283Crossref, Google Scholar
- Loss aversion in riskless choice: A reference-dependent model. Quart. J. Econom. (1991) 56:1039–1061Crossref, Google Scholar
- Advances in prospect theory: Cumulative representation of uncertainty. J. Risk Uncertainty (1992) 5:297–323Crossref, Google Scholar
- Unbounded utility for Savage's “Foundation of Statistics,” and other models. Math. Oper. Res. (1993) 18:446–485Link, Google Scholar
- Eliciting von Neumann-Morgenstern utilities when probabilities are distorted or unknown. Management Sci. (1996) 42:1131–1150Link, Google Scholar
- An axiomatization of cumulative prospect theory. J. Risk Uncertainty (1993) 7:147–176Crossref, Google Scholar
- A simple preference-foundation of cumulative prospect theory with power utility. Eur. Econom. Rev. (2002) 46:1253–1271Crossref, Google Scholar
- Nonlinear decision weights in choice under uncertainty. Management Sci. (1999) 45:74–85Link, Google Scholar
- Cumulative prospect theory for parametric and multiattribute utilities. Math. Oper. Res. (2001) 26:67–81Link, Google Scholar

