A Model of Casino Gambling
收藏NBER2009-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w14947
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资源简介：
We show that prospect theory offers a rich theory of casino gambling, one that captures several features of actual gambling behavior. First, we demonstrate that, for a wide range of preference parameter values, a prospect theory agent would be willing to gamble in a casino even if the casino only
提供机构：
美国国家经济研究局
创建时间：
2009-05-01
