{"id":"https://openalex.org/W2177984869","doi":null,"title":"Problems of utility and prospect theories. A \u201ccertain\u2013uncertain\u201d inconsistency within their experimental methods","display_name":"Problems of utility and prospect theories. A \u201ccertain\u2013uncertain\u201d inconsistency within their experimental methods","publication_year":2015,"publication_date":"2015-11-16","ids":{"openalex":"https://openalex.org/W2177984869","mag":"2177984869"},"language":"en","primary_location":{"id":"pmh:oai::67911","doi":null,"is_oa":true,"landing_page_url":"https://mpra.ub.uni-muenchen.de/67911/1/MPRA_paper_67911.pdf","pdf_url":"https://mpra.ub.uni-muenchen.de/67911/1/MPRA_paper_67911.pdf","source":{"id":"https://openalex.org/S4306400553","display_name":"Munich Personal RePEc Archive (Ludwig Maximilian University of Munich)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I8204097","host_organization_name":"Ludwig-Maximilians-Universit\u00e4t M\u00fcnchen","host_organization_lineage":["https://openalex.org/I8204097"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"MPRA Paper"},"volume":null,"type":"report","indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://mpra.ub.uni-muenchen.de/67911/1/MPRA_paper_67911.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5016695883","display_name":"Alexander Harin","orcid":"https://orcid.org/0000-0002-9447-4316","observed_orcids":["https://orcid.org/0000-0002-9447-4316"]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Alexander Harin","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0002-9447-4316","affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5016695883"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9897000193595886,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9897000193595886,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10646","display_name":"Experimental Behavioral Economics Studies","score":0.00989999994635582,"subfield":{"id":"https://openalex.org/subfields/3311","display_name":"Safety Research"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10841","display_name":"Economic and Environmental Valuation","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/utility-theory","display_name":"utility theory","score":0.8920000195503235},{"id":"https://openalex.org/keywords/prospect-theory","display_name":"prospect theory","score":0.9990000128746033},{"id":"https://openalex.org/keywords/choice-under-risk","display_name":"choice under risk","score":0.5709999799728394},{"id":"https://openalex.org/keywords/experimental-design","display_name":"experimental design","score":0.38999998569488525},{"id":"https://openalex.org/keywords/decision-making-under-uncertainty","display_name":"decision making under uncertainty","score":0.38999998569488525}],"concepts":[{"id":"https://openalex.org/C2777340749","wikidata":"https://www.wikidata.org/wiki/Q6684955","display_name":"Lottery","level":2,"score":0.9237175583839417},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.7588388323783875},{"id":"https://openalex.org/C148220186","wikidata":"https://www.wikidata.org/wiki/Q7111912","display_name":"Outcome (game theory)","level":2,"score":0.7538604140281677},{"id":"https://openalex.org/C339426","wikidata":"https://www.wikidata.org/wiki/Q1151839","display_name":"Prospect theory","level":2,"score":0.7119932770729065},{"id":"https://openalex.org/C205706631","wikidata":"https://www.wikidata.org/wiki/Q2319304","display_name":"Expected utility hypothesis","level":2,"score":0.622319221496582},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.5790812969207764},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5510844588279724},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.4814993143081665},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3983934223651886},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.36888760328292847},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"pmh:oai::67911","doi":null,"is_oa":true,"landing_page_url":"https://mpra.ub.uni-muenchen.de/67911/1/MPRA_paper_67911.pdf","pdf_url":"https://mpra.ub.uni-muenchen.de/67911/1/MPRA_paper_67911.pdf","source":{"id":"https://openalex.org/S4306400553","display_name":"Munich Personal RePEc Archive (Ludwig Maximilian University of Munich)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I8204097","host_organization_name":"Ludwig-Maximilians-Universit\u00e4t M\u00fcnchen","host_organization_lineage":["https://openalex.org/I8204097"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"MPRA Paper"},{"id":"pmh:oai:RePEc:pra:mprapa:67911","doi":null,"is_oa":false,"landing_page_url":"https://mpra.ub.uni-muenchen.de/67911/1/MPRA_paper_67911.pdf","pdf_url":"https://mpra.ub.uni-muenchen.de/67911/1/MPRA_paper_67911.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"mag:2177984869","doi":null,"is_oa":false,"landing_page_url":"https://ideas.repec.org/p/pra/mprapa/67911.html","pdf_url":null,"source":{"id":"https://openalex.org/S4306400553","display_name":"Munich Personal RePEc Archive (Ludwig Maximilian University of Munich)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I8204097","host_organization_name":"Ludwig-Maximilians-Universit\u00e4t M\u00fcnchen","host_organization_lineage":["https://openalex.org/I8204097"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"MPRA Paper","raw_type":null},{"id":"mag:3149371065","doi":null,"is_oa":false,"landing_page_url":"https://EconPapers.repec.org/RePEc:pra:mprapa:67911","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null}],"best_oa_location":{"id":"pmh:oai::67911","doi":null,"is_oa":true,"landing_page_url":"https://mpra.ub.uni-muenchen.de/67911/1/MPRA_paper_67911.pdf","pdf_url":"https://mpra.ub.uni-muenchen.de/67911/1/MPRA_paper_67911.pdf","source":{"id":"https://openalex.org/S4306400553","display_name":"Munich Personal RePEc Archive (Ludwig Maximilian University of Munich)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I8204097","host_organization_name":"Ludwig-Maximilians-Universit\u00e4t M\u00fcnchen","host_organization_lineage":["https://openalex.org/I8204097"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"MPRA Paper"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2177984869.pdf","grobid_xml":"https://content.openalex.org/works/W2177984869.grobid-xml"},"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W2264885220","https://openalex.org/W1762198420","https://openalex.org/W2559479385","https://openalex.org/W2125447517","https://openalex.org/W2345251004","https://openalex.org/W2091223672","https://openalex.org/W2098239512","https://openalex.org/W4324085209","https://openalex.org/W2885539294","https://openalex.org/W2472455373"],"abstract_inverted_index":{"In":[0],"random\u2013lottery":[1,29],"incentive":[2,30],"experiments,":[3],"the":[4,71,74],"choices":[5],"of":[6,24,60,73],"certain":[7,35],"outcomes":[8],"are":[9],"stimulated":[10],"by":[11],"uncertain":[12],"lotteries.":[13],"This":[14],"\u201ccertain\u2013uncertain\u201d":[15,75],"inconsistency":[16],"is":[17],"evident,":[18],"but":[19],"only":[20],"recently":[21],"emphasized.":[22],"Because":[23],"it,":[25],"conclusions":[26],"from":[27],"a":[28,34],"experiment":[31],"that":[32],"includes":[33],"outcome":[36],"cannot":[37],"be":[38],"unquestionably":[39],"correct.":[40],"Well-known":[41],"experimental":[42,58],"results":[43],"and":[44,62],"purely":[45],"mathematical":[46],"theorems":[47],"support":[48],"this.":[49],"The":[50,56],"main":[51],"result":[52],"presented":[53],"here":[54],"is:":[55],"usual":[57],"systems":[59],"utility":[61],"prospect":[63],"theories":[64],"may":[65],"need":[66],"additional":[67],"independent":[68],"analyses":[69],"in":[70],"context":[72],"inconsistency.":[76]},"counts_by_year":[],"updated_date":"2026-10-31T12:09:11.096373","created_date":"2016-06-24T00:00:00"}