Partial ordering of risky choices : anchoring, preference for flexibility and applications to asset pricing
This dissertation describes two theories of risky choice based on a normatively axiomatized partial order. The first theory is an atemporal alternative to von Neumann and Morgenstern's Expected Utility Theory that accommodates the status quo bias, violations of Independence and preference re...
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| Language: | English |
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2009
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| Online Access: | http://hdl.handle.net/2429/11161 |
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