Results 231 to 240 of about 57,476 (260)

Probabilistic subjective expected utility

Journal of Mathematical Economics, 2012
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Subjective expected utility and academic preferences

Organizational Behavior and Human Performance, 1975
Abstract Graduate students in an interdisciplinary Industrial Relations program rated the relative preferability of the six academic areas from which they take courses, the probabilities that each academic area and the attainment of the M.S. degree would lead to satisfactory levels of each of 14 kinds of payoffs, and the utilities of the payoffs. The
Paul M. Muchinsky, Mary K. Fitch
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Subjective expected utility theory with costly actions

Games and Economic Behavior, 2004
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Subjective expected utility with a spectral state space

Economic Theory, 2018
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Continuous Subjective Expected Utility

1989
In this chapter we assume that all factor sets Γi in the Cartesian product ∏i∈IΓiare equal; i.e., Γ1 = ... = Γn = Γ for some connected topological space Γ. We study representations of the form $$x| \to \sum\nolimits_{j = 1}^n {{p_j}U({x_j}).} $$ .
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Subjective mean–variance preferences without expected utility

Mathematical Social Sciences, 2017
Classical derivations of mean-variance preferences have all relied on the expected utility hypothesis. Numerous experimental studies have revealed that the expected utility model is systematically violated in practice. Such findings and the simplicity of the mean-variance framework have led researchers and practitioners to employ the mean- variance ...
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A Mixture-Set Axiomatization of Conditional Subjective Expected Utility

Econometrica, 1973
An axiomatization is presented for a Savage-type conditional subjective expected utility model. The axioms consist of extensions of the Herstein-Milnor [11] axioms for "measurable" utility, a generalization of an averaging condition in Bolker [4], and several structural conditions. The structural conditions are examined in some detail, and examples are
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Objective and subjective expected utility with incomplete preferences [PDF]

, 2010
This paper extends the expected utility models of decision making under risk and under uncertainty to include incomplete beliefs and tastes. The main results are two axiomatizations of the multi-prior expected multi-utility representations of preference relation under uncertainty, thereby resolving long standing open questions.
Tsogbadral Galaabaatar, Edi Karni
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Expected utility and revelation of subjective probabilities

Economics Letters, 1985
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Subjective Expected Utility with Nonadditive Probabilities

1989
In this chapter we shall adopt the terminology of decision making under uncertainty. We shall characterize, in Theorem VI.5.1, subjective expected utility maximization with continuous utility for the case where the probability measure no longer has to be additive.
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