Reexamining How Utility and Weighting Functions Get Their Shapes: A Quasi-Adversarial Collaboration Providing a New Interpretation
(2019)
Journal Article
Alempaki, D., Canic, E., Mullett, T., Skylark, W., Starmer, C., Stewart, N., & Tufano, F. (2019). Reexamining How Utility and Weighting Functions Get Their Shapes: A Quasi-Adversarial Collaboration Providing a New Interpretation. Management Science, 65(10), 4451-4949. https://doi.org/10.1287/mnsc.2018.3170
Stewart, Reimers and Harris (2015, SRH hereafter) demonstrated that shapes of utility and probability weighting functions could be manipulated by adjusting the distributions of outcomes and probabilities on offer, as predicted by the theory of Decisi... Read More about Reexamining How Utility and Weighting Functions Get Their Shapes: A Quasi-Adversarial Collaboration Providing a New Interpretation.