Results 91 to 100 of about 506 (164)

Asymmetric loss utility: an analysis of decision under risk [PDF]

open access: yes
This paper develops a utility model for evaluating lotteries. In estimating utility, risk averse people use an asymmetric loss function. Expected utility is seen as a special case that is a good approximation of the general case in some cases.
Alex Strashny
core  

Decision under Uncertainty : the Classical Models [PDF]

open access: yes
This chapiter of a collective book is dedicated to classical decision models under uncertainty, i.e. under situations where events do not have "objective" probabilities with which the Decision Marker agrees. We present successively the two main theories,
Michèle Cohen   +2 more
core  

Causal Responsibility and Robust Causation. [PDF]

open access: yesFront Psychol, 2020
Grinfeld G   +4 more
europepmc   +1 more source

The Ellsberg Paradox and Risk Aversion: An Anticipated Utility Approach.

open access: yes
The paper describes a decision process under which it is rational to prefer a lottery with known probabilities to a similar ambiguous lottery where the decision maker does not know the exact values of the probabilities (the "Ellsberg paradox").
Segal, Uzi
core  

Risk, Ambiguity, and the Klibanoff Axioms [PDF]

open access: yes
Machina (2007) formulates a number of experiments, and shows that they can be used to test the Choquet expected utility model. We show that one of them can also be used to test the class of maxmin expected utility preferences in Klibanoff (2001).
Kin Chung Lo
core  

Integrative and syntactic complexity's role in decision-making under uncertainty. [PDF]

open access: yesFront Psychol
Castellón-Flores AM   +5 more
europepmc   +1 more source

Agency Contracts under Maximum-Entropy. [PDF]

open access: yesEntropy (Basel), 2021
Gutiérrez O, Salas-Fumás V.
europepmc   +1 more source

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