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Teorie očekávaného užitku versus kumulativní prospektová teorie: empirický pohled（Czech only）
expected utility theory cumulative prospect theory decision making under risk
2009/7/17
This paper pits expected utility theory and cumulative prospect theory against each other as regards their descriptive accuracy. Some older as well as newer pieces of evidence are described which show...
Poptávková funkce na trhu s pojištěním: porovnání maximalizace paretovské pravděpodobnosti přežití s teorií EUT von Neumanna a Morgensterna a s prospektovou teorií Kahnemana a Tverského (Czech only)
human decisions under risk probability of agent’s survival expected-utility theory
2009/7/17
This paper presents the results of a comparison of an original theoretical concept of modeling human decisions under risk with two well-known models. In the paper the demand function for insurance is...
