Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. In economics, demand is the consumer's ...
In order to investigate the usefulness of the von Neumann-Morgenstern utility concept in an actual decision making context, 30 subjects were interviewed. Their responses to questions were used to ...
The present work takes place in the framework of a non-expected utility model under risk: the RDEU theory (Rank Dependent Expected Utility, first initiated by Quiggin under the denomination of ...
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