Essays on decision-making under risk
Chapter 2 of this thesis studies the testable content of models of expectations-based reference-dependence. The main results of this chapter characterize a model based on Kőszegi and Rabin's (2006) preferred personal equilibrium. This model is shown to be behaviourally equivalent to a version o...
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| Language: | English |
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University of British Columbia
2013
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| Online Access: | http://hdl.handle.net/2429/45361 |