# Disappointment without prior expectation: a unifying perspective on decision under risk

@article{Delqui2006DisappointmentWP, title={Disappointment without prior expectation: a unifying perspective on decision under risk}, author={Philippe Delqui{\'e} and Alessandra Cillo}, journal={Journal of Risk and Uncertainty}, year={2006}, volume={33}, pages={197-215} }

The central idea of Disappointment theory is that an individual forms an expectation about a risky alternative, and may experience disappointment if the outcome eventually obtained falls short of the expectation. We abandon the hypothesis of a well-defined prior expectation: disappointment feelings may arise from comparing the outcome received with anyof the gamble’s outcomes that the individual failed to get. This leads to a new, general form of Disappointment model. It encompasses Rank…

## 89 Citations

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