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Thurstonian measurement of risk preferences: contemporary economic outlook

Thursday 16:00–17:10 Moscow (GMT+3)

Ended

Online

Abstract

Recent economics literature has seen a revival of interest to psychologically-grounded theories of decision under risk.
We review the recent proposals in this direction, compare it to classical estimations based on utility functions, and discuss their appropriateness using some original experimental data.

Topics

classical estimationsdecision under riskexperimental datautility functions