%0 Journal Article %1 Nowaihi2008 %A al Nowaihi, Ali %A Bradley, Ian %A Dhami, Sanjit %D 2008 %J Economics Letters %K Prospect theory %N 2 %P 337 - 339 %R DOI: 10.1016/j.econlet.2007.08.004 %T A note on the utility function under prospect theory %U http://www.sciencedirect.com/science/article/B6V84-4PF1W9N-1/2/773d28ad823f5d21fedd50d9303eb1e0 %V 99 %X We show that preference-homogeneity and loss-aversion are necessary and sufficient for the value function to have the power form with identical powers for gains and losses and for the probability weighting functions for gains and losses to be identical.

@article{Nowaihi2008, abstract = {We show that preference-homogeneity and loss-aversion are necessary and sufficient for the value function to have the power form with identical powers for gains and losses and for the probability weighting functions for gains and losses to be identical.}, added-at = {2011-02-23T21:09:28.000+0100}, author = {al Nowaihi, Ali and Bradley, Ian and Dhami, Sanjit}, biburl = {https://www.bibsonomy.org/bibtex/2e0ff48e68b1cc4ec4cd70a4879fd5b9c/wouter.gelade}, doi = {DOI: 10.1016/j.econlet.2007.08.004}, file = {:/Users/wouter/Documents/UCL/Papers/Nowaihi2008.pdf:PDF}, interhash = {a3a7ae22a49ea3005bd7bcbcece225db}, intrahash = {e0ff48e68b1cc4ec4cd70a4879fd5b9c}, issn = {0165-1765}, journal = {Economics Letters}, keywords = {Prospect theory}, number = 2, pages = {337 - 339}, timestamp = {2011-02-23T21:09:29.000+0100}, title = {A note on the utility function under prospect theory}, url = {http://www.sciencedirect.com/science/article/B6V84-4PF1W9N-1/2/773d28ad823f5d21fedd50d9303eb1e0}, volume = 99, year = 2008 }