Talk:Rank-dependent expected utility

Original research issue
I proposed RDEU (then called Anticipated Utility) in 1982, and I'm also the only contributor to this article so far. However, I don't hink I'm violating WP:No original research as (i) The model was published in a refereed journal (ii) It's been used extensively since, notably in the Cumulative prospect theory of Daniel Kahneman and Amos Tversky.

I agree completely. --Rieger 12:28, 9 August 2006 (UTC)

Variable Definition
Any chance of defining the variables in the equations in the last section? Pkearney (talk) 18:29, 16 June 2009 (UTC)

Definition for h[1]?
I have a feeling the definition needs to be updated to specify the s=1 case in $$h_{[s]}(\mathbf{\pi })=q\left( \sum\limits_{t=1}^{s}\pi _{[t]}\right) -q\left( \sum\limits_{t=1}^{s-1}\pi _{[t]}\right) $$? If s=1, second part is a sum of elements from 1 to 0? What is the convention in that case? — Preceding unsigned comment added by EtudiantEco (talk • contribs) 18:48, 5 November 2020 (UTC)

I added $$h_{[S]}(\mathbf{\pi })=q\left( \pi _{[S]}\right)$$, following Diecidue, Enrico and Wakker, Peter P., On the Intuition of Rank-Dependent Utility. Journal of Risk and Uncertainty (2001) 23, 281-298, CentER Working Paper No. 74, Available at SSRN: https://ssrn.com/abstract=244668 or http://dx.doi.org/10.2139/ssrn.244668 EtudiantEco (talk) 03:21, 6 November 2020 (UTC)