Results 11 to 20 of about 1,764,628 (294)

Structural assessment and expected utility gain

open access: yesActa Polytechnica CTU Proceedings, 2022
This paper contains an introduction, probabilistic formulation, and exemplification (1) of system state and utility actions, (2) system state and utility action value analysis and (3) a threshold formulation for a predicted information and action ...
Sebastian Thöns
doaj   +1 more source

Cognitive influences on risk-seeking by rhesus macaques [PDF]

open access: yesJudgment and Decision Making, 2008
Humans and other animals are idiosyncratically sensitive to risk, either preferring or avoiding options having the same value but differing in uncertainty.
Benjamin Y. Hayden   +3 more
doaj   +2 more sources

Investigation of the Stochastic Choice under Risk using Experimental Data

open access: yesGadjah Mada International Journal of Business, 2020
This paper extends the analysis of the data from the experiment undertaken by Pradiptyo et al. (2015), to help explain the subjects’ behaviour when making decisions under risk.
Yudistira Permana   +2 more
doaj   +1 more source

Optimal Saving by Expected Utility Operators

open access: yesAxioms, 2020
This paper studies an optimal saving model in which risk is represented by a fuzzy number and the total utility function of the model is defined by an expected utility operator.
Irina Georgescu, Jani Kinnunen
doaj   +1 more source

What Do We Know about Decision Making under Risk and Where Do We Go from Here?

open access: yesJournal of Agricultural and Resource Economics, 1994
This article reviews two major approached used in the past for risk analysis - the expected utility approach and the use of safety rules and endeavors to reconcile their applicability and use in light of the recent nonexpected utility risk literature and
David E. Buschena, David Zilberman
doaj   +1 more source

Conditional expected utility [PDF]

open access: yesTheory and Decision, 2017
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
openaire   +3 more sources

Projective expected utility [PDF]

open access: yesJournal of Mathematical Psychology, 2009
7 pages, to appear in the Proceedings of Quantum Interaction ...
openaire   +2 more sources

Common Mathematical Foundations of Expected Utility and Dual Utility Theories [PDF]

open access: yes, 2012
We show that the main results of the expected utility and dual utility theories can be derived in a unified way from two fundamental mathematical ideas: the separation principle of convex analysis, and integral representations of continuous linear ...
Dentcheva, Darinka, Ruszczynski, Andrzej
core   +2 more sources

The Expected Utility Insurance Premium Principle with Fourth-Order Statistics: Does It Make a Difference?

open access: yesAlgorithms, 2020
The expected utility principle is often used to compute the insurance premium through a second-order approximation of the expected value of the utility of losses.
Alessandro Mazzoccoli, Maurizio Naldi
doaj   +1 more source

Expected utility without utility [PDF]

open access: yesTheory and Decision, 1996
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
CASTAGNOLI E., LI CALZI, Marco
openaire   +4 more sources

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