Results 11 to 20 of about 494,164 (308)

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

Directed Expected Utility Networks [PDF]

open access: yesDecision Analysis, 2017
A variety of statistical graphical models have been defined to represent the conditional independences underlying a random vector of interest. Similarly, many different graphs embedding various types of preferential independences, such as, for example, conditional utility independence and generalized additive independence, have more recently started to
Manuele Leonelli, Jim Q. Smith
openaire   +3 more sources

Expected Utility, Independence, and Continuity [PDF]

open access: yesSSRN Electronic Journal, 2021
AbstractIn this paper, we provide two novel expected utility theorems by suitably adjusting the independence and continuity axioms. Our first theorem characterizes expected utility preferences using weak versions of the independence axiom (with varying mixture weights) and a new weak continuity axiom.
openaire   +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

Expected utility without parsimony [PDF]

open access: yesMathematical Social Sciences, 2018
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Antoine Billot, Vassili Vergopoulos
openaire   +2 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

Hypothetical Expected Utility

open access: yesCoRR, 2021
This paper provides a model to analyze and identify a decision maker's (DM's) hypothetical reasoning. Using this model, I show that a DM's propensity to engage in hypothetical thinking is captured exactly by her ability to recognize implications (i.e., to identify that one hypothesis implies another) and that this later relation is encoded by a DM's ...
openaire   +2 more sources

Expected multi-utility representations [PDF]

open access: yesMathematical Social Sciences, 2012
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Edi Karni, Tsogbadral Galaabaatar
openaire   +3 more sources

Conditional expected utility [PDF]

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

Expected Utility Networks

open access: yesCoRR, 2013
Appears in Proceedings of the Fifteenth Conference on Uncertainty in Artificial Intelligence (UAI1999)
Pierfrancesco La Mura, Yoav Shoham
openaire   +3 more sources

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