Catalog Home Page

Utility of a quarter-million

Blavatskyy, P.R. (2012) Utility of a quarter-million. Economics Letters, 117 (3). pp. 650-653.

Link to Published Version:
*Subscription may be required


This paper presents a new method how to elicit the Bernoulli utility function over a wide range of monetary outcomes using approximation through Taylor expansion. The new method is applied to the natural experiment provided by the Swiss version of the television show Deal or No Deal.

Item Type: Journal Article
Journal or Publication Title: Economics Letters
Page Range: pp. 650-653
Publisher: Elsevier
Copyright: © 2012 Elsevier B.V.
Item Control Page Item Control Page