英文文献：U.S. Farmers’ Insurance Choices under Expected Utility Theory and Cumulative Prospect Theory
英文文献作者：Bulut, Harun
英文文献摘要：
Towards explaining regional differences in U.S. farmers’ crop insurance choices, we propose a budget heuristic effect within the standard Expected Utility Theory (EUT) framework and conduct theoretical and simulation analyses. We also disentangle the effects of various aspects the cumulative prospect theory (CPT) framework in a separate simulation analysis.