Titlebook: Generalized Expected Utility Theory; The Rank-Dependent M John Quiggin Book 1993 Kluwer Academic Publishers 1993 European Union (EU).Financ

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Uncertaintyions about what clothes to wear, to critical economic decisions about savings, investment and production, this uncertainty affects us all. Probably a more important source of uncertainty is found in the unpredictable actions of other people. Not only are we confronted directly with the unpredictable

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Some Normative Properties of RDEU known violations of the predictions of EU theory, to produce a more adequate descriptive model of choice under uncertainty. Second, there was a widespread view that the independence axiom lacked the normative appeal of the dominance and transitivity axioms (the continuity and completeness axioms ar

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