Compound Invariant Weighting Functions in Prospect Theory

By Drazen Prelec. 2000

90 citations recorded by the source corpus.

Subfields: Geography, Planning and Development, Geometry and Topology

View Paper: https://www.semanticscholar.org/paper/1dcfd3ef14057eb190388cdfecd71c65dd2c28df

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Geography, Planning and Development

1. Daniel W. Schunk
2. Cornelia Betsch

In Geometry and Topology

1. Daniel W. Schunk
2. Cornelia Betsch

Citations in the corpus

• Explaining heterogeneity in utility functions by individual differences in decision modes (2006, background): “Following Tversky and Kahneman (1992), we assume a power utility function that is “by far the most popular form for estimating money value” (Prelec, 2000): ⎩ ⎨ ⎧ −− ≥ = 0 0 xifx xifxxu )( )( β α (4) Explaining heterogeneity in utility functions 27 APPENDIX B Items of the Preference for intuition…”