Re-examining how utility and weighting functions get their shapes: a quasi-adversarial collaboration providing a new interpretation

Stewart, Reimers and Harris (2015, SRH hereafter) demonstrated that shapes of utility and probability weighting functions could be manipulated by adjusting the distributions of outcomes and probabilities on offer, as predicted by the theory of Decision by Sampling. So marked were these effects that...

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Bibliographic Details
Main Authors: Alempaki, Despoina, Canic, Emina, Mullett, Timothy, Skylark, William, Starmer, Chris, Stewart, Neil, Tufano, Fabio
Format: Article
Language:English
Published: Institute for Operations Research and the Management Sciences 2018
Online Access:http://eprints.nottingham.ac.uk/52812/
http://eprints.nottingham.ac.uk/52812/1/Alempaki%20et%20al.%20Accepted%202018.07.02.pdf