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Browsing Department of Economics (ECO) by Subject "lottery"
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Title:Risk Attitudes and Measures of Value for Risky Lotteries
Author(s):LEWANDOWSKI, MichalDate:2010Type of Publication:ThesisSeries/Report no.:EUI PhD thesesAbstract:The topic of this thesis is decision-making under risk. I focus my analysis on expected utility theory by von Neumann and Morgenstern. I am especially interested in modeling risk attitudes represented by Bernoulli utility ...