Deconstructing the Allais Paradox: The Reduction of Compound Lotteries vs. the Independence Axiom

SSRN Electronic Journal ◽

10.2139/ssrn.3521572 ◽

2020 ◽

Author(s):

Steven Shechter

Keyword(s):

Independence Axiom ◽

Allais Paradox

Download Full-text

Allais Paradox revisit: The representing frame in the decision with three possible outcomes using the equate-to-differentiate model: Better-worse or best-worst comparison

Acta Psychologica Sinica ◽

10.3724/sp.j.1041.2017.00262 ◽

2017 ◽

Vol 49 (2) ◽

pp. 262 ◽

Cited By ~ 1

Author(s):

Xiaoping LI

Keyword(s):

Allais Paradox

Download Full-text

The Need for Discontinuous Probability Weighting Functions: How Cumulative Prospect Theory is torn between the Allais Paradox and the St. Petersburg Paradox

SSRN Electronic Journal ◽

10.2139/ssrn.3465830 ◽

2019 ◽

Author(s):

Maik Dierkes ◽

Vulnet Sejdiu

Keyword(s):

Prospect Theory ◽

Cumulative Prospect Theory ◽

Probability Weighting ◽

Allais Paradox ◽

Weighting Functions ◽

Petersburg Paradox

Download Full-text

Survival through the Allais paradox

Theory and Decision ◽

10.1007/bf00134052 ◽

1992 ◽

Vol 32 (2) ◽

pp. 209-217 ◽

Cited By ~ 1

Author(s):

Ole Hagen

Keyword(s):

Allais Paradox

Download Full-text

Note on von Neumann-Morgenstern's Strong Independence Axiom

Econometrica ◽

10.2307/1907650 ◽

1952 ◽

Vol 20 (4) ◽

pp. 679 ◽

Cited By ~ 40

Author(s):

E. Malinvaud

Keyword(s):

Independence Axiom ◽

Von Neumann

Download Full-text

A TEST OF INDEPENDENCE AXIOM IN A DIAGNOSIS CONTEXT THAT OFFERS COMMON SYMPTOMS

PSYCHOLOGIA ◽

10.2117/psysoc.2001.188 ◽

2001 ◽

Vol 44 (3) ◽

pp. 188-196 ◽

Cited By ~ 1

Author(s):

Shu LI ◽

John E. TAPLIN

Keyword(s):

Independence Axiom ◽

Test Of Independence

Download Full-text

Approximations of rational criteria under complete ignorance and the independence axiom

Theory and Decision ◽

10.1007/bf00143068 ◽

1983 ◽

Vol 15 (2) ◽

pp. 121-150 ◽

Cited By ~ 13

Author(s):

Mich�le Cohen ◽

Jean-Yves Jaffray

Keyword(s):

Independence Axiom ◽

Complete Ignorance

Download Full-text

The So-Called Allais Paradox and Rational Decisions under Uncertainty

Expected Utility Hypotheses and the Allais Paradox ◽

10.1007/978-94-015-7629-1_17 ◽

1979 ◽

pp. 437-681 ◽

Cited By ~ 105

Author(s):

Maurice Allais

Keyword(s):

Allais Paradox ◽

Decisions Under Uncertainty ◽

Rational Decisions

Download Full-text

Expected Utility Hypotheses and the Allais Paradox

10.1007/978-94-015-7629-1 ◽

1979 ◽

Cited By ~ 185

Keyword(s):

Expected Utility ◽

Allais Paradox

Download Full-text

Allais Paradox

The New Palgrave Dictionary of Economics ◽

10.1057/978-1-349-95121-5_93-2 ◽

2008 ◽

pp. 1-6

Author(s):

Maurice Allais

Keyword(s):

Allais Paradox

Download Full-text

A Generalized Measure of Risk Aversion, Without the Independence Axiom

Risk, Decision and Rationality ◽

10.1007/978-94-009-4019-2_37 ◽

1988 ◽

pp. 629-637 ◽

Cited By ~ 2

Author(s):

Aldo Montesano

Keyword(s):

Risk Aversion ◽

Independence Axiom

Download Full-text