On the contribution of the Markowitz model of utility to explain risky choice in experimental research
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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)… read more here.
Keywords: risky choice; contribution markowitz; utility; markowitz model ... See more keywords