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Published in 2018 at "Journal of Economic Behavior and Organization"
DOI: 10.1016/j.jebo.2018.11.010
Abstract: Abstract It is becoming increasingly common to accept that heterogeneity of preferences is an appropriate approach to describe aggregate experimental data on risky choice. We propose a parametric form of utility consistent with Markowitz’s (1952)…
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Keywords:
risky choice;
contribution markowitz;
utility;
markowitz model ... See more keywords