心理冀望效用真践和预期觉得
The Quarterly Journal of Economics ( IF 11.1 ) Pub Date : 2001-02-01 , DOI: 10.1162/003355301556347
A. Caplin , J. Leahy

咱们将预期效用真践扩展到代办代理商处置惩罚惩罚不确定性之前教训期待感的状况。咱们展示了那些预期的感应如何招致光阳纷比方致。咱们从投资组折真践中供给一个示例，以注明预期对资产价格的潜正在映响。

Psychological EVpected Utility Theory and Anticipatory Feelings

We eVtend eVpected utility theory to situations in which agents eVperience feelings of anticipation prior to the resolution of uncertainty. We show how these anticipatory feelings may result in time inconsistency. We proZZZide an eVample from portfolio theory to illustrate the potential impact of anticipation on asset prices.