Towards a general class of parametric probability weighting functions
نویسندگان
چکیده
منابع مشابه
Parametric weighting functions
This paper provides preference foundations for parametric weighting functions under rank-dependent utility. This is achieved by decomposing the independence axiom of expected utility into separate meaningful properties. These conditions allow us to characterize rank-dependent utility with power and exponential weighting functions. Moreover, by allowing probabilistic risk attitudes to vary withi...
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ژورنال
عنوان ژورنال: Soft Computing
سال: 2020
ISSN: 1432-7643,1433-7479
DOI: 10.1007/s00500-020-05335-3