Calibration results for non-expected utility theories

dc.contributor.author	Safra, Zvi	en_GB
dc.contributor.author	Segal, Uri	en_GB
dc.date.accessioned	2013-02-19T11:58:13Z	en_GB
dc.date.accessioned	2013-03-19T15:58:30Z
dc.date.issued	2008-09-09	en_GB
dc.description.abstract	Rabin (2000) proved that a low level of risk aversion with respect to small gambles leads to a high, and absurd, level of risk aversion with respect to large gambles. Rabin’s arguments strongly depend on expected utility theory, but we show that similar arguments apply to general non-expected utility theories.	en_GB
dc.identifier.citation	Vol. 76, Issue 5, pp. 1143 - 1166	en_GB
dc.identifier.doi	10.3982/ECTA6175	en_GB
dc.identifier.uri	http://hdl.handle.net/10036/4329	en_GB
dc.language.iso	en	en_GB
dc.subject	Risk aversion	en_GB
dc.subject	calibration	en_GB
dc.subject	non-expected utility theories	en_GB
dc.title	Calibration results for non-expected utility theories	en_GB
dc.type	Article	en_GB
dc.date.available	2013-02-19T11:58:13Z	en_GB
dc.date.available	2013-03-19T15:58:30Z
dc.identifier.issn	0012-9682	en_GB
dc.description	Pre-print draft version dated July 24, 2006. Final version published by Wiley; available online at http://onlinelibrary.wiley.com/	en_GB
dc.identifier.eissn	1468-0262	en_GB
dc.identifier.journal	Econometrica	en_GB