This study shows that for equal probability weights, CPT is violated. Suggest a study to test CPT

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This study shows that for equal probability weights, CPT is violated. Suggest a study to test CPT with unequal and small probabilities.

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Behavioral Finance

ISBN: 9780190868741

1st Edition

Authors: H. Kent Baker, Greg Filbeck, John R. Nofsinger

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Question Posted: Feb 23, 2024 04:00 AM

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This study shows that for equal probability weights, CPT is violated. Suggest a study to test CPT

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One can conduct similar experiments of choices with prospects with unequal and sm...View the full answer

Behavioral Finance

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