Results 261 to 270 of about 1,453,138 (305)

The Expected Utility Model As An Aggregation Procedure

1991
This paper proposes a different point of view about the interpretation of EU models. It looks at the role of OR and AND aggregations in their construction and gives a fairly general setting for the study of these connectives. Finally, it examines which conditions may justify the traditional EU models and which novelties may derive from their weakening.
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An expected-utility model of electoral competition

Quality and Quantity, 1984
The idea that candidates are interested not solely in the attainment of office, but also care about the policy to which they pledge themselves, is natural and appealing. Indeed, it was not until such works as Davis, Hinich and Ordeshook's "An expository development of a mathematical model of the electoral process" (Davis et al., 1970) and Mayhew's ...
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The appropriateness of the expected utility model

Erkenntnis, 1975
There seems to be general agreement that the choice between risky alter natives depends on two factors : what the possible outcomes may be and how possible they are, i.e. how likely they are to occur. A theory of choice typically proceeds by giving numerical measures to these two factors and combining these numbers into a single index, which the agent ...
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Non-Expected Utility Models Under Objective Uncertainty

2014
Although expected utility (EU) theory is a powerful tool for the analysis of decision under risk, it has long been known that individual behavior, in both experimental and market settings, deviates from the predictions of simple EU models. These violations of EU predictions were largely disregarded until the late 1970s, when a variety of alternatives ...
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An intertemporal consumption–leisure model with non-expected utility

Economics Letters, 1999
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Decision under Risk: The Classical Expected Utility Model

2008
. Ce chapitre d'ouvrage collectif a pour but de présenter les bases de la modélisation de la prise de décision dans un univers risqué. Nous commençons par définir, de manière générale, la notion de risque et d'accroissement du risque et rappelons des définitions et catégorisations (valables en dehors de tout modèle de représentation) de comportements ...
Chateauneuf, Alain, Cohen, Michèle, Tallon, Jean-Marc   +2 more
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Optimal Risk Sharing for Maxmin Choquet Expected Utility Model

Acta Mathematicae Applicatae Sinica, English Series
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Tian, De-jian, Wu, Shang-ri
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Expected Utility Networks in Transferable Belief Model

2001
Traditional Bayesian decision analysis is based on probability theory and utility theory. However, expected utility model can be derived also in the other models proposed to quantify someone's belief. We shall deal only with the transferable belief model.
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Testing an Expected Utility Model of Corporate Deterrence

Law & Society Review, 1991
This article reports on the first quantitative perceptual deterrence study of corporate (rather than individual) deterrence. The study is based on interviews with 410 chief executives of small organizations and their officially recorded compliance with regulatory standards.
John Braithwaite, Toni Makkai
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Subjectively weighted utility: A descriptive extension of the expected utility model

Organizational Behavior and Human Performance, 1978
Abstract A parsimonious extension to the Expected Utility (EU) model is proposed involving one additional parameter. The model is an example of a Subjectively Weighted Utility (SWU) model, which differs from the EU model only in the way probabilities are incorporated.
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