基于PD-效用函数的预期行为描述与特征分析.pdfVIP

第 17 卷第4 魏 系统管理学提 Vol17 No.4 Aug.2∞8 2∞8 年S 月 Journal of Systems . Management 文章编号:1005-2542(2008)04-0439-05 基于 PD-效用函数的预期行为描述与特征分析 戴锋， 朱文慧，袁立峰 〈郑州{言怠工程大学结息工程学院，郑州 450002) E摘要E 以偏尾分布为基培，提出了预期行为的一种新型效用函数一-PD-效用函数。利用 PD-效用函 数反映行为人对赢利与亏损的风险偏好特征，描述预黯与赢科效用的关系特枉，揭示赢利效用与亏损效用的 若干重要关系。用数量方式解释Daniel Kahneman 预期理论中的许多重要结论，将理性与非理性假设 纳入到罔一理论框架下。 关键词:偏尾分布;PD-效用函数g 预期行为F 盈亏效用 中图分类号:C 931 文献标识码:A Description and Characteristic Analysis for Prospect Behaviors Based on the PD-Utility Function DAI Feng , ZHU Wen-hui , YUAN Li-feng (Insititute of Information Engineering , Zhengzhou Information Engineering University , Zhengzhou 450002 , China) (Abstract1 In this paper , P D-utility function is put forward to describe the prospect behavior based on the partial distribution. By using the P D-utility function，。时s risk preference to a profit or loss could be suf- ficiently reflected , and relations between prospect and profit utility could be effectively described , some important relations between loss utility and profit utility could be opened out , many of important conclu- sions in Daniel Kahneman prospect theories could be explained by the analytic method , and the assump- tions on reasonableness and non-reasonableness can be brought into an united theories frame. Key words: partial distribution; P D-uti1ity function; prospect behavior; profit utility and 10ss utility 个体并不总是理性的和风险规避的[4] 一卡尼曼 效用作为一种衡量指标，主要用于描述人们对 等臼.6J 发瑰，人们在不确定条件下的决策，似乎取决 某些事物的主观态度、偏好、倾向和价盖认定等程度 的大小。效用理论在经济管理、风险决策、投资分新