Similarity Judgments in Choice Under Uncertainty: A Reinterpretation of the Predictions of Regret Theory

References

• Allais M. Le comportement de l'homme rationel devant le risque critique des postulates et axiomes de l'ecole americane. Econometrica (1953) 21:503–546Crossref, Google Scholar
• Bell D. Regret in decision making under uncertainty. Oper. Res. (1982) 30:961–981Link, Google Scholar
• Conlisk J. Three variants on the allais example. Amer. Econom. Rev. (1989) 79:392–407Google Scholar
• Fishburn P. An axiomatic characterization of skew-symmetric bilinear functionals with applications to expected utility. Econom. Lett. (1981) 8:271–285Crossref, Google Scholar
• Fishburn P. Nontransitive measurable utility. J. Math. Psych. (1982) 26:31–67Crossref, Google Scholar
• Kahneman D., Tversky A. Prospect theory: An analysis of decisions under uncertainty. Econometrica (1979) 47:263–291Crossref, Google Scholar
• Leland J. Generalized similarity judgments: An alternative explanation for choice anomalies. J. Risk Uncertainty (1994) 9:151–172Crossref, Google Scholar
• Loomes G. Further evidence on the impact of regret and disappointment in choice under uncertainty. Economica (1988) 55:47–62Crossref, Google Scholar
• Loomes G., Starmer C., Sugden R. Are preferences monotonic? Testing some predictions of regret theory. Economica (1992) 59:17–33Crossref, Google Scholar
• Loomes G., Sugden R. Regret theory: An alternative theory of rational choice under uncertainty. Econom. J. (1982) 92:805–824Google Scholar
• Loomes G., Sugden R. Some implications of a more general form of regret. J. Econom. Theory (1987a) 41:270–287Crossref, Google Scholar
• Loomes G., Sugden R. Testing for regret and disappointment in choice under uncertainty. Econom. J. (1987b) 97:118–129Google Scholar
• Luce D. Semiorders and a theory of utility discrimination. Econometrica (1956) 24:178–191Crossref, Google Scholar
• McCord M., de Neufville R. Utility dependence on probability: An empirical demonstration. J. Large Scale Systems (1984) 6:91–103Google Scholar
• McCord M., de Neufville R. Lottery equivalents: Reduction of the certainty effect problem in utility assessment. Management Sci. (1986) 32:56–60Link, Google Scholar
• Rubinstein A. Similarity and decision-making under risk (Is there a utility theory resolution to the allais paradox?). J. Econom. Theory (1988) 46:145–153Crossref, Google Scholar
• Sileo P. Intransitivity of indifference strong monotonicity, and the endowment effect. J. Econom. Theory (1995) 66:198–223Crossref, Google Scholar
• Starmer C., Sugden R. Testing for juxtaposition and event-splitting effects. J. Risk Uncertainty (1993) 6:235–254Crossref, Google Scholar
• Tversky A. Intransitivity of preferences. Psych. Rev. (1969) 76:31–48Crossref, Google Scholar
• Tversky A., Kahneman D. Rational choice and the framing of decisions. J. Bus. (1986) 9:s251–s278Crossref, Google Scholar
• Wu G., Gonzalez R. Curvature of the probability weighting function. Management Sci. (1996) 42:1676–1690Link, Google Scholar