Abstract
In the previous two chapters, it has been shown that the majority of the EU analysis of choice under uncertainty may be carried over to the RDEU framework. It has also been shown that some results, notably those concerning second order risk aversion and those relying on the equivalence between risk aversion and second stochastic dominance, may not hold in the more general setting.
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© 1993 Springer Science+Business Media Dordrecht
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Quiggin, J. (1993). Risk Seeking and Lottery Design. In: Generalized Expected Utility Theory. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-2182-8_8
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DOI: https://doi.org/10.1007/978-94-011-2182-8_8
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-010-4966-5
Online ISBN: 978-94-011-2182-8
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