On a derivation of the Goldstein–Einhorn probability weighting functions

Autor: Jacek Chudziak
Rok vydání: 2020
Předmět:
Zdroj: Aequationes mathematicae. 94:749-759
ISSN: 1420-8903
0001-9054
DOI: 10.1007/s00010-020-00704-7
Popis: The well known Goldstein–Einhorn probability weighting functions have been characterized by Gonzalez and Wu using the linear in log odds preference condition. We provide an alternative way of deriving this class of functions. It is based on the concept of indifference prices.
Databáze: OpenAIRE
Nepřihlášeným uživatelům se plný text nezobrazuje