Behavioral Economics

Rational Decision under Risk

Modeling Intransitive Preferences: Regret and Similarity

Independence and Rational Decision under Risk

Allowing Violations of Independence

The Shape of Indifference Curves

Evidence on the Shape of Probability Weights

Probability Weights without Preferences for the Inferior

Practical Implications of Violations of Expected Utility

What to Do When You Don’t Know What Can Happen

History and Notes

Biographical Note: Maurice Felix Charles Allais

Thought Questions

References

Advanced Concept: The Continuity Axiom