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The Influence Of Probability on Risky Choice: A parametric Examination

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NBER1992-08-01 更新2025-01-04 收录
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The appeal of expected utility theory as a basis for a descriptive model of risky decision making has diminished is a result of empirical evidence which suggests that individuals do not behave in a manner consistent with the prescriptive tenets of EUT. In this paper, we explore the influence of

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1992-08-01
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