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dc.contributor.authorBleichrodt, Han
dc.contributor.authorKothiyal, Amit
dc.contributor.authorPrelec, Drazen
dc.contributor.authorWakker, Peter P.
dc.date.accessioned2015-10-01T18:26:21Z
dc.date.available2015-10-01T18:26:21Z
dc.date.issued2013-05
dc.date.submitted2012-04
dc.identifier.issn00222496
dc.identifier.issn1096-0880
dc.identifier.urihttp://hdl.handle.net/1721.1/99122
dc.description.abstractBehavioral conditions such as compound invariance for risky choice and constant decreasing relative impatience for intertemporal choice have surprising implications for the underlying decision model. They imply a multiplicative separability of outcomes and either probability or time. Hence the underlying model must be prospect theory or discounted utility on the domain of prospects with one nonzero outcome. We indicate implications for richer domains with multiple outcomes, and with both risk and time involved.en_US
dc.language.isoen_US
dc.publisherElsevieren_US
dc.relation.isversionofhttp://dx.doi.org/10.1016/j.jmp.2013.04.002en_US
dc.rightsCreative Commons Attributionen_US
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/en_US
dc.sourceMIT web domainen_US
dc.titleCompound invariance implies prospect theory for simple prospectsen_US
dc.typeArticleen_US
dc.identifier.citationBleichrodt, Han, Amit Kothiyal, Drazen Prelec, and Peter P. Wakker. “Compound Invariance Implies Prospect Theory for Simple Prospects.” Journal of Mathematical Psychology 57, no. 3–4 (June 2013): 68–77.en_US
dc.contributor.departmentMassachusetts Institute of Technology. Department of Economicsen_US
dc.contributor.departmentSloan School of Managementen_US
dc.contributor.mitauthorPrelec, Drazenen_US
dc.relation.journalJournal of Mathematical Psychologyen_US
dc.eprint.versionOriginal manuscripten_US
dc.type.urihttp://purl.org/eprint/type/JournalArticleen_US
eprint.statushttp://purl.org/eprint/status/NonPeerRevieweden_US
dspace.orderedauthorsBleichrodt, Han; Kothiyal, Amit; Prelec, Drazen; Wakker, Peter P.en_US
dc.identifier.orcidhttps://orcid.org/0000-0002-9507-5368
mit.licensePUBLISHER_CCen_US


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