Publication | Open Access

More pessimism than greediness: a characterization of monotone risk aversion in the rank-dependent expected utility model

Expectation FormationEconomicsUtility TheoryAsset PricingBehavioral Decision MakingBehavioral FinanceManagementExperimental EconomicsBusinessFinancial Decision-makingRevealed PreferenceUtility ModelDecision ScienceDecision TheoryFinanceMonotone Risk AversionBehavioral Economics