Generalized Expected Utility Theory. The Rank-Dependent Model

1 Uncertainty.- 2 Background.- 3 EU Theory.- 4 The Challenge to EU Theory.- 5 Rank-Dependent Expected Utility - An Outline.- 6 Risk Aversion in RDEU Theory.- 7 Comparative Statics for RDEU Theory.- 8 Risk Seeking and Lottery Design.- 9 Some Normative Properties of RDEU.- 10 RDEU and Experimental Evidence.- 11 Axiomatic Approaches to RDEU.- 12 Generalized Smooth Utility and RDEU.- 13 Stochastic Dominance and Independence Rules.- 14 Extensions.- References.- Index of Names.- Topic Index.