TESTING NEW THEORIES OF CHOICE UNDER UNCERTAINTY USING THE COMMON CONSEQUENCE EFFECT

被引:49
作者
STARMER, C
机构
基金
英国经济与社会研究理事会;
关键词
D O I
10.2307/2297999
中图分类号
F [经济];
学科分类号
02 ;
摘要
A generalised common consequence problem is used to contrast the predictions of expected utility theory and several new theories of choice under uncertainty. An experiment designed to test these predictions is reported. Systematic violations of expected utility theory are detected but although a consistent pattern emerges from the data, it offers little support for any of the new theories. The analysis is extended to test predictions which are unique to regret theory and significant regret effects are detected.
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页码:813 / 830
页数:18
相关论文
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