Details about Mark Machina

Access statistics for papers by Mark Machina.

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Short-id: pma178

Working Papers

2002

1. Robustifying the Classical Model of Risk Preferences and Beliefs
   University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego View citations (4)
2. Structurally-Induced Volatility Clustering
   University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego View citations (1)

2001

3. Almost-Objective Uncertainty
   University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego View citations (3)
   See also Journal Article Almost-objective uncertainty, Economic Theory, Springer (2004) View citations (27) (2004)

2000

4. Payoff Kinks in Preferences Over Lotteries
   University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego View citations (5)
   See also Journal Article Payoff Kinks in Preferences over Lotteries, Journal of Risk and Uncertainty, Springer (2001) View citations (16) (2001)

1994

5. Bayes Without Bernoulli: Simple Conditions for Probabilistically Sophisticated Choice
   Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (2)
   See also Journal Article Bayes without Bernoulli: Simple Conditions for Probabilistically Sophisticated Choice, Journal of Economic Theory, Elsevier (1995) View citations (66) (1995)

1985

6. GENERALIZED EXPECTED UTILITY ANALYSIS AND THE NATURE OF OBSERVED VIOLATIONS OF THE INDEPENDENCE AXIOM
   Regional Research Projects > 1985: S-180 Annual Meeting, March 24-27, 1985, Charleston, South Carolina, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms View citations (1)

1982

7. "Expected Utility" Analysis without the Independence Axiom
   Levine's Working Paper Archive, David K. Levine View citations (336)
   See also Journal Article "Expected Utility" Analysis without the Independence Axiom, Econometrica, Econometric Society (1982) View citations (355) (1982)
8. On the Profitability of Russian Serfdom
   Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (2)
   See also Journal Article On the Profitability of Russian Serfdom, The Journal of Economic History, Cambridge University Press (1984) View citations (9) (1984)

Journal Articles

2014

1. Ambiguity Aversion with Three or More Outcomes
   American Economic Review, 2014, 104, (12), 3814-40 View citations (64)

2011

2. Event-Separability in the Ellsberg urn
   Economic Theory, 2011, 48, (2), 425-436 View citations (12)

2009

3. Risk, Ambiguity, and the Rank-Dependence Axioms
   American Economic Review, 2009, 99, (1), 385-92 View citations (60)

2006

4. Structural attribution of observed volatility clustering
   Journal of Econometrics, 2006, 135, (1-2), 15-29 View citations (12)

2005

5. ‘Expected utility / subjective probability’ analysis without the sure-thing principle or probabilistic sophistication
   Economic Theory, 2005, 26, (1), 1-62 View citations (8)

2004

6. Almost-objective uncertainty
   Economic Theory, 2004, 24, (1), 1-54 View citations (27)
   See also Working Paper Almost-Objective Uncertainty, University of California at San Diego, Economics Working Paper Series (2001) View citations (3) (2001)

2001

7. Payoff Kinks in Preferences over Lotteries
   Journal of Risk and Uncertainty, 2001, 23, (3), 207-60 View citations (16)
   See also Working Paper Payoff Kinks in Preferences Over Lotteries, University of California at San Diego, Economics Working Paper Series (2000) View citations (5) (2000)

1999

8. A Challenge to the "Econoclasts": A Commentary on "Rationality for Economists?"
   Journal of Risk and Uncertainty, 1999, 19, (1-3), 107-08 View citations (3)

1997

9. Increasing Risk: Some Direct Constructions
   Journal of Risk and Uncertainty, 1997, 14, (2), 103-27 View citations (51)

1995

10. Bayes without Bernoulli: Simple Conditions for Probabilistically Sophisticated Choice
    Journal of Economic Theory, 1995, 67, (1), 106-128 View citations (66)
    See also Working Paper Bayes Without Bernoulli: Simple Conditions for Probabilistically Sophisticated Choice, Discussion Papers (1994) View citations (2) (1994)
11. Non-Expected Utility and The Robustness of the Classical Insurance Paradigm
    The Geneva Risk and Insurance Review, 1995, 20, (1), 9-50 View citations (39)

1992

12. A More Robust Definition of Subjective Probability
    Econometrica, 1992, 60, (4), 745-80 View citations (288)

1989

13. Comparative statics and non-expected utility preferences
    Journal of Economic Theory, 1989, 47, (2), 393-405 View citations (17)
14. Dynamic Consistency and Non-expected Utility Models of Choice under Uncertainty
    Journal of Economic Literature, 1989, 27, (4), 1622-68 View citations (373)

1988

15. Choice under Uncertainty: Problems Solved and Unsolved: Response
    Journal of Economic Perspectives, 1988, 2, (2), 181-83 View citations (1)

1987

16. Choice under Uncertainty: Problems Solved and Unsolved
    Journal of Economic Perspectives, 1987, 1, (1), 121-54 View citations (317)
17. Moment preferences and polynomial utility
    Economics Letters, 1987, 23, (4), 349-353 View citations (11)
18. The Ross Characterization of Risk Aversion: Strengthening and Extension
    Econometrica, 1987, 55, (5), 1139-49 View citations (14)

1985

19. Stochastic Choice Functions Generated from Deterministic Preferences over Lotteries
    Economic Journal, 1985, 95, (379), 575-94 View citations (79)
20. The Profitability of Serfdom: A Reply
    The Journal of Economic History, 1985, 45, (4), 960-962

1984

21. Attitudes toward Risk: Further Remarks
    Economic Journal, 1984, 94, (373), 144-48 View citations (12)
22. On the Profitability of Russian Serfdom
    The Journal of Economic History, 1984, 44, (4), 919-955 View citations (9)
    See also Working Paper On the Profitability of Russian Serfdom, Working papers (1982) View citations (2) (1982)
23. Temporal risk and the nature of induced preferences
    Journal of Economic Theory, 1984, 33, (2), 199-231 View citations (52)

1983

24. The incentive implications of incomplete insurance: The multiplicative case
    Economics Letters, 1983, 13, (4), 319-323

1982

25. "Expected Utility" Analysis without the Independence Axiom
    Econometrica, 1982, 50, (2), 277-323 View citations (355)
    See also Working Paper "Expected Utility" Analysis without the Independence Axiom, Levine's Working Paper Archive (1982) View citations (336) (1982)
26. A Stronger Characterization of Declining Risk Aversion
    Econometrica, 1982, 50, (4), 1069-79 View citations (16)
27. Flexibility and the demand for risky assets
    Economics Letters, 1982, 10, (1-2), 71-76 View citations (2)

1981

28. On Path Independent Randomized Choice: Comment
    Econometrica, 1981, 49, (5), 1345-47 View citations (1)

Edited books

2007

1. Uncertainty and Risk
   Theory and Decision Library C, Springer View citations (18)

Chapters

2006

1. Forecasting and Decision Theory
   Elsevier View citations (55)