Subjective Expected Utility Model and Empirical Analysis
- 数学科学－已发表论文 
分析了传统的期望效用理论在实践中的一些局限,研究了人们在不同获取概率下对风险的不同的态度,引入安全系数SC(p),建立了主观期望效用模型,并用此模型解释了一些期望效用理论模型所无法解释的矛盾.Traditional expected utility theory was questioned by a lot of economists because it led to paradoxical results in empirical research. In this paper, we analyze the limitations of traditional expected utility theory,study people's different attitudes towards risk under different gaining probabilities,construct security coefficient SC(p), and found subjective expected utility model on the base of SC(p). With this model, we explain those paradoxical results properly.