The Markowitz model of utility supplemented with a small degree of probability distortion as an explanation of outcomes of Allais experiments over large and small payoffs and gambling on unlikely outcomes.
Research output: Contribution to journal › Article › peer-review
Electronic versions
DOI
Original language | English |
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Pages (from-to) | 17-26 |
Journal | Applied Economics |
Volume | 40 |
Issue number | 1 |
DOIs | |
Publication status | Published - 1 Jan 2008 |