Browsing Faculty of Arts and Sciences by Keyword "allais paradox"
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An approximate dual-self model and paradoxes of choice under risk
(Elsevier BV, 2014)We derive a simplified version of the model of Fudenberg and Levine, 2006 and Fudenberg and Levine, 2011 and show how this approximate model is useful in explaining choice under risk. We show that in the simple case of ...