WebI. INTRODUCTION Neoclassical households treat money as fungible: a dollar is a dollar no matter where it comes from. But many households keep track of separate budgets for items like food, gas, and entertainment (Rainwa- Web(Bordalo, Gennaioli, and Shleifer, 2012) with original regret theory (Loomes and Sugden, 1982) and generalized regret theory (Loomes and Sugden, 1987) is based on the utility representation of the theories in question. An alternative way to compare theories is to compare their axiomatic foundations. The rst axiomatization of generalized regret
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WebBordalo P, Gennaioli N, Shleifer A (2012) Salience theory of choice under risk. Quart. J. Econom. 127 (3): 1243 – 1285. Google Scholar Cross Ref; Brockett PL, Golden LL (1987) A class of utility functions containing all the common utility functions. Management Sci. 33 (8): 955 – 964. Google Scholar Digital Library WebPedro Bordalo & Nicola Gennaioli & Andrei Shleifer, 2012. "Salience and Consumer Choice," Working Papers 463, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University. Pedro Bordado & Nicola Gennaioli & Andrei Shleifer, 2012. "Salience and Consumer Choice," Working Papers 501, Barcelona School of Economics. st giles trust norwich office
Salience and Consumer Choice.pdf - Salience and Consumer...
WebBordalo, Pedro, Nicola Gennaioli y Andrei Shleifer. 2012. "Teoría de la prominencia de la elección bajo riesgo". Revista trimestral de economía 127(3): 1243–85. Boyer, Brian, Todd Mitton y Keith Vorkink. 2010. "Sesgo idiosincrático esperado". Revisión de Estudios Financieros 23(1): 169–202. Boyer, Brian H. y Keith Vorkink. 2011. WebA home damaged by an EF3 tornado in Forney, Texas on April 3, 2012. The city of Kennedale was one of the first to declare itself a disaster area on April 3, 2012, just a few hours after one of the first tornados to hit the Dallas–Fort Worth metroplex area struck their town. Kennedale made the disaster declaration official on April 4, 2012. [17] WebBordalo, Gennaioli, and Shleifer ð 2012 Þ apply this idea to decisions under risk and present a model in which de-cision makers overweigh salient lottery states. They find that many anomalies in choice under risk, such as frequent risk-seeking behavior, Allais paradoxes, and preference reversals, obtain naturally when salience influences ... st giles trust west yorkshire