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Random Rank-Dependent Expected Utility
| Content Provider | MDPI |
|---|---|
| Author | Kashaev, Nail Aguiar, Victor H. |
| Copyright Year | 2022 |
| Description | We present a novel characterization of random rank-dependent expected utility for finite datasets and finite prizes. As a byproduct, we obtain a characterization of random expected utility that works for finite datasets. The test lends itself to statistical testing. We apply our test to an experimental dataset and find evidence against random expected utility, while random rank-dependent expected utility can explain the dataset. |
| Starting Page | 13 |
| e-ISSN | 20734336 |
| DOI | 10.3390/g13010013 |
| Journal | Games |
| Issue Number | 1 |
| Volume Number | 13 |
| Language | English |
| Publisher | MDPI |
| Publisher Date | 2022-01-20 |
| Access Restriction | Open |
| Subject Keyword | Games Mathematical Social Sciences Random Utility Expected Utility Rank-dependent Expected Utility |
| Content Type | Text |
| Resource Type | Article |
