Table 1.
LL | ρ | θ1 | θ2 | λ | |
---|---|---|---|---|---|
Prelec 1 (θ1 = α) | −1493.4 | 0.499 (0.0160) | 0.724 (0.0235) | 1.464 (0.0911) | |
Prelec 2 (θ1 = α, θ2 = β) | −1491.1 | 0.441 (0.0307) | 0.708 (0.0222) | 0.859 (0.0619) | 1.972 (0.2908) |
Kahneman and Tversky (θ1 = γ) | −1505.1 | 0.494 (0.0161) | 0.774 (0.0215) | 1.386 (0.0819) | |
Lattimore (θ1 = γ, θ2 = δ) | −1502.3 | 0.531 (0.0264) | 0.786 (0.0368) | 0.795 (0.0592) | 1.166 (0.1326) |
Wu and Gonzalez (θ1 = γ, θ2 = α) | −1504.0 | 0.525 (0.0274) | 0.850 (0.0595) | 2.023 (0.7828) | 1.191 (0.1446) |