Results 51 to 60 of about 463,538 (159)

When imagining future wealth influences risky decision making

Judgment and Decision Making, 2013
The body of literature on the relationship between risk aversion and wealth is extensive. However, little attention has been given to examining how future realizations of wealth might affect (current) risk decisions.
Adam Eric Greenberg
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Rational Economic Decision Making: The Relevance Among The Axioms of The Theory of Expected Utility

Gaziantep Üniversitesi Sosyal Bilimler Dergisi, 2019
The theory of expected utility is suggested by John Von Neumann and Oscar Morgenstern in 1944 and has had great currency until today because of its solid and consistent axiomatic structure. The theory explains economic behavior, decision making process,
Gelengül KOÇASLAN
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Robust Portfolio Choice under the Modified Constant Elasticity of Variance

Mathematics
This study investigates ambiguity aversion within the framework of a utility-maximizing investor under a modified constant-elasticity-of-volatility (M-CEV) model for the underlying asset.
Wei Li Fan, Marcos Escobar Anel
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A Biological Basis for Expected and Non-expected Utility [PDF]

Journal of Economic Theory, 1996
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
openaire   +2 more sources

Decision Uncertainty from Strict Preferences in Sequential Search Scenarios with Multiple Criteria

Mathematics
The standard expected utility model applied by economists and decision scientists assumes both that decision makers (DMs) are rational and that their information retrieval behavior and choices are determined by the observed and potential values of the ...
Debora Di Caprio, Yolanda Durán Durán, Francisco Javier Santos-Arteaga   +2 more
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Understanding Russian aggression towards Georgia

Politikon, 2012
Did Russia initiate conflict with Georgia in an attempt to restrain Georgia from formally joining the Western coalition, or was the decision more complex? What did Russia hope to gain from initiating conflict? What value did Russia assign to maintaining
Michael J. Langlois
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Bankruptcy and expected utility maximization [PDF]

Journal of Economic Dynamics and Control, 1994
This paper introduces a utility formulation to the well-known gambler's ruin problem. An agent who maximizes lifetime expected utility has to tradeoff short-term utility against longer-term survival prospects. The optimal tradeoff is established by way of characterizing the agents' value and optimal policy functions.
openaire   +3 more sources

How to Model Lexical Priority

Ergo, An Open Access Journal of Philosophy
A moral requirement R1 is said to be lexically prior to a moral requirement R2 just in case we are morally obliged to uphold R1 at the expense of R2—no matter how many times R2 must be violated thereby. While lexical priority is a feature of many ethical
Martin Smith
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Filozofická reflexe omezené racionality (Philosophical Reflection of Bounded Rationality )

Ostium, 2017
Research of rationality represents area of interaction between philosophy and economics. Development of neuroscience and advances in scientific research lead to another common characteristic – gradual loss of competence to comment on results of ...
Michal Müller, Ondrej Močkor
doaj  

The Impact of the Expected Utility and Experienced Utility Gap on Electric Vehicle Repurchase Intention in Jiangsu, China

World Electric Vehicle Journal
The global automotive industry’ s rapid transformation has led to electric vehicles (EVs) capturing a significant market share as a sustainable transportation option.
Xiao Zheng, Jiaxin Huang, Mengzhe Wang, Wenbo Li   +3 more
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