SHOULD AGRICULTURAL AND RESOURCE ECONOMISTS CARE THAT THE SUBJECTIVE EXPECTED UTILITY HYPOTHESIS IS FALSE? [PDF]
, 1998 This paper argues that the subjective expected utility (SEU) hypothesis has serious limitations in both positive and normative analysis. In addition to experimental evidence, we discuss examples where alternatives to the SEU model provide a richer framework for the study problems of choice under uncertainty.
Richard T. Woodward +1 more
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A bayesian method for evaluating and discovering disease loci associations. [PDF]
PLoS ONE, 2011 A genome-wide association study (GWAS) typically involves examining representative SNPs in individuals from some population. A GWAS data set can concern a million SNPs and may soon concern billions.
Xia Jiang +3 more
doaj +9 more sources
A Non Parametric Test of the Expected Utility Hypothesis
, 1990 A nonparametric test of the expected utility hypothesis is developed. It is shown that the expected utility hypothesis holds if there exists a feasible solution to a system of linear inequalities. Furthermore, when a feasible solution exists boundaries on the coefficient of absolute risk aversion can be calculated explicitly.
Ziv Bar‐Shira, Bar-Shira, Ziv
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RELAXING THE EXPECTED UTILITY HYPOTHESIS AND ENTRY/EXIT DECISIONS OF THE RISK-AVERSE FIRM [PDF]
, 1990 A risk-aversion theory is formulated directly from a preference relation, rather than with a utility function representation. An example concerning insurance demand provides intuitive support. This theory is applied to analyze firms' entry/exit decisions, the long run equilibrium of an industry and comparisons between firms with different risk ...
Israel Finkelshtain +3 more
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Social Aggregation Without the Expected Utility Hypothesis
, 2004 L'article examine les conditions qui permettent de satisfaire simultanément les versions ex ante et ex post du principe de Pareto, lorsqu'on cesse d'imposer l'hypothèse de l'utilité espérée aux préférences individuelles et sociales. Avec des probabilités subjectives qui peuvent varier, on obtient trois théorèmes d'impossibilité sans avoir à faire cette
Charles Blackorby +2 more
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Optimal work extraction from quantum batteries based on the expected utility hypothesis
Physical Review EWork extraction in quantum finite systems is an important issue in quantum thermodynamics. The optimal work extracted is called ergotropy, and it is achieved by maximizing the average work extracted over all the unitary cycles. However, an agent that is non-neutral to risk is affected by fluctuations and should extract work by following the expected ...
Gianluca Francica, Luca Dell’Anna
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Frim's Hedging Behavior Without The Expected Utility Hypothesis [PDF]
, 1986 Zvi Safra +3 more
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Uses of behavioral finance for description selected phenomena on the Polish insurance market [PDF]
Zeszyty Naukowe PTE w Zielonej Górze, 2021 The aim of this study is to analyse and explain selected phenomena observed on the Polish insurance market through the behavioral finance. The analysis focuses mainly on the description and explanation of deviations from instrumental rationality, which ...
Norbert Duczkowski
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Prioritizing Defense in Depth Measures Using Artificial Intelligence (AI) and the Expected Utility Hypothesis [PDF]
Journal of Information SecurityRodney Alexander
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Does Amount of Information Support Aesthetic Values?
Frontiers in Neuroscience, 2022 Obtaining information from the world is important for survival. The brain, therefore, has special mechanisms to extract as much information as possible from sensory stimuli.
Norberto M. Grzywacz +3 more
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