跨期与不确定性下的决策:一种共同方法

Decision Making Over Time and Under Uncertainty: A Common Approach

Management Science · 1991
被引 601 · 同刊同年前 4%
人大 A+FT50UTD24ABS 4*

中文导读

揭示了风险选择与跨期选择在行为偏离规范理论上的平行关系,提出属性权重变化的三个命题,对多属性偏好可分离表示具有约束意义。

Abstract

This paper considers a number of parallels between risky and intertemporal choice. We begin by demonstrating a one-to-one correspondence between the behavioral violations of the respective normative theories for the two domains (i.e., expected utility and discounted utility models). We argue that such violations (or preference reversals) are broadly consistent with three propositions about the weight that an attribute receives in both types of multiattribute choice. Specifically, it appears that: (1) if we add a constant to all values of an attribute, then that attribute becomes less important; (2) if we proportionately increase all values of an attribute, or if we change the sign of an attribute, from positive to negative, then that attribute becomes more important. The generality of these propositions, as well as the constraints they would impose on separable representations of multiattribute preferences, is discussed.

风险决策跨期选择偏好反转多属性决策