EXPERIMENTAL TESTS OF PROSPECTIVE REFERENCE THEORY

被引：4

作者：

HARLESS, D

机构：

[1] Department of Economics, Virginia Commonwealth University, Richmond

来源：

ECONOMICS LETTERS | 1993年 / 43卷 / 01期

关键词：

D O I：

10.1016/0165-1765(93)90137-2

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Prospective reference theory (PRT) explains anomalies of expected utility theory by assuming individuals have prior probabilities over lottery outcomes. Two lottery choice experiments demonstrate systematic violations of PRT challenging the theory's explanation of expected utility theory anomalies.

引用

页码：71 / 76

页数：6

共 14 条

[1]

CAMERER C, 1991, NONLINEAR WEIGHTING

[2]

CAMERER CF, 1992, UTILITY THEORIES MEA

[3]

CHEW SH, 1986, J MATH PSYCHOL, V30, P55

[4]

CHEW SH, 1983, ECONOMETRICA, V51, P1065, DOI [DOI 10.2307/1912052, 10.2307/1912052]