Title of article :
How quasi rational are you II? Chern curvature measures local failure of the expected utility maximization axioms
Author/Authors :
Thomas Russell، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2003
Abstract :
For data generated by a simple and widely discussed experiment, it is shown that Chern curvature measures precisely the extent to which the axioms of expected utility fail locally. When Chern curvature is zero the individual is an expected utility maximizer
Keywords :
Quasi rational , Chern curvature , Expected utility maximization axioms
Journal title :
Economics Letters
Journal title :
Economics Letters