Generalized disappointment models

被引：44

作者：

Jia, J

Dyer, JS

Butler, JC ^{[1
]}

机构：

[1] Ohio State Univ, Fisher Coll Business, Dept Accounting & MIS, Columbus, OH 43210 USA

[2] Chinese Univ Hong Kong, Fac Business Adm, Dept Mkt, Shatin, Hong Kong, Peoples R China

[3] Univ Texas, Grad Sch Business, Dept Management Sci & Informat Syst, Austin, TX 78712 USA

来源：

JOURNAL OF RISK AND UNCERTAINTY | 2001年 / 22卷 / 01期

基金：

美国国家科学基金会;

关键词：

nonexpected utility; risk-value models; disappointment;

D O I：

10.1023/A:1011153523672

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Blessed is he who expects nothing, for he shall never be disappointed -Benjamin Franklin Based on our risk-value framework, this paper presents extensions for the disappointment models that were originally proposed by Bell (1985) and Loomes and Sugden (1986). We provide explicit functional forms for modeling the effect of disappointment on risky choice behavior that generalizes Bell's work and lends tractability to the efforts of Loomes and Sugden. Our generalized disappointment models can explain a number of decision paradoxes, and offer additional insights into nonexpected utility preferences based on the intuitive notions of disappointment and risk-value tradeoffs.

引用

页码：59 / 78

页数：20

共 50 条

[41] The disappointment of Rosa Luxemburg: Rethinking revolutionary commitment in the face of failure [J].

Mrovlje, Masa .

PHILOSOPHY & SOCIAL CRITICISM, 2025, 51 (05) :747-773

[42] Eliciting Gul's theory of disappointment aversion by the tradeoff method [J].

Abdellaoui, Mohammed ;

Bleichrodt, Han .

JOURNAL OF ECONOMIC PSYCHOLOGY, 2007, 28 (06) :631-645

[43] The Valuator's Curse: Decision Analysis of Overvaluation and Disappointment in Acquisition [J].

Yoo, Onesun Steve ;

McCardle, Kevin .

DECISION ANALYSIS, 2020, 17 (04) :299-313

[44] Negative emotions in informal feedback: The benefits of disappointment and drawbacks of anger [J].

Johnson, Genevieve ;

Connelly, Shane .

HUMAN RELATIONS, 2014, 67 (10) :1265-1290

[45] Optimal Choice and Beliefs with Ex Ante Savoring and Ex Post Disappointment [J].

Gollier, Christian ;

Muermann, Alexander .

MANAGEMENT SCIENCE, 2010, 56 (08) :1272-1284

[46] Multichannel presence, boon or curse?: A comparison in price, loyalty, regret, and disappointment [J].

Mookherjee, Satadruta ;

Lee, Jennifer J. ;

Sung, Billy .

JOURNAL OF BUSINESS RESEARCH, 2021, 132 :429-440

[47] Unfair treatment and revenge taking: The roles of collective identification and feelings of disappointment [J].

De Cremer, David .

GROUP DYNAMICS-THEORY RESEARCH AND PRACTICE, 2006, 10 (03) :220-232

[48] The communication of anger and disappointment helps to establish cooperation through indirect reciprocity [J].

Wubben, Maarten J. J. ;

De Cremer, David ;

van Dijk, Eric .

JOURNAL OF ECONOMIC PSYCHOLOGY, 2011, 32 (03) :489-501

[49] Disappointment without prior expectation: a unifying perspective on decision under risk [J].

Philippe Delquié ;

Alessandra Cillo .

Journal of Risk and Uncertainty, 2006, 33 :197-215

[50] Disappointment without prior expectation:: a unifying perspective on decision under risk [J].

Delquie, Philippe ;

Cillo, Alessandra .

JOURNAL OF RISK AND UNCERTAINTY, 2006, 33 (03) :197-215

← 1 2 3 4 5 →