Option price without expected utility Academic Article

abstract

• We consider the meaning of the option price, commonly acknowledged as the preferred ex ante welfare measure, in the rank-dependent expected utility (RDEU) framework. The importance of this pertains to performing benefit-cost analysis when RDEU maximizers are prevalent in society. 2008 Elsevier B.V. All rights reserved.

authors

• Shaw, Douglass

published proceedings

• ECONOMICS LETTERS

author list (cited authors)

• Jindapon, P., & Shaw, W. D.

citation count

• 2

complete list of authors

• Jindapon, Paan||Shaw, W Douglass

publication date

• January 2008

publisher

• Elsevier  Publisher

published in

• Economics Letters  Journal

keywords

• Option Price
• Rank-dependent Expected Utility

Digital Object Identifier (DOI)

• 10.1016/j.econlet.2008.03.006

start page

• 408

end page

• 410

volume

• 100

issue

• 3

URL

• http%3A%2F%2Fdx.doi.org%2F10.1016%2Fj.econlet.2008.03.006

user-defined tag

• 3 Good Health and Well-Being