Chapter 20. Decision Under Risk

  1. Derek J. Koehler and
  2. Nigel Harvey
  1. George Wu,
  2. Jiao Zhang and
  3. Richard Gonzalez

Published Online: 14 JAN 2008

DOI: 10.1002/9780470752937.ch20

Blackwell Handbook of Judgment and Decision Making

Blackwell Handbook of Judgment and Decision Making

How to Cite

Wu, G., Zhang, J. and Gonzalez, R. (2004) Decision Under Risk, in Blackwell Handbook of Judgment and Decision Making (eds D. J. Koehler and N. Harvey), Blackwell Publishing Ltd, Malden, MA, USA. doi: 10.1002/9780470752937.ch20

Publication History

  1. Published Online: 14 JAN 2008
  2. Published Print: 1 JAN 2004

ISBN Information

Print ISBN: 9781405107464

Online ISBN: 9780470752937

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Keywords:

  • insurance;
  • utility;
  • axiom;
  • framework;
  • prospect theory

Summary

This chapter contains section titled:

  • Introduction

  • Expected Utility

  • Subjective Expected Utility

  • The Pre-prospect Theory Era

  • Prospect Theory

  • The Post-prospect Theory Era

  • Future Research

  • Final Thoughts