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Existence of Arrow-Debreu Equilibrium with S-shaped Utility Function
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作者 Yang Xi 《Acta Mathematicae Applicatae Sinica》 SCIE CSCD 2007年第1期149-154,共6页
This paper characterizes the optimal solution of subjective expected utility with S-shaped utility function, by using the prospect theory (PT). We also prove the existence of Arrow-Debreu equilibrium.
关键词 subjective expected utility S-shaped utility function prospect theory Arrow-Debreu equilibrium
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