Results 61 to 70 of about 392,965 (205)
Objective and subjective expected utility with incomplete preferences [PDF]
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 ...
Galaabaatar, Tsogbadral, Karni, Edi
core
Bayesian Decision Theory and Stochastic Independence [PDF]
As stochastic independence is essential to the mathematical development of probability theory, it seems that any foundational work on probability should be able to account for this property. Bayesian decision theory appears to be wanting in this respect.
Mongin, Philippe
core
Psychological interventions for health behavior change: opportunities and limitations
The paper considers possibilities and limitations of psychological methods of health behavior change based on the analysis of psychological approaches to behavior change from perspective of continuum models (health beliefs theory, motivation protection ...
Rasskazova E.I., Kosheleva N.V.
doaj
The negative impact of used batteries of new energy vehicles on the environment has attracted global attention, and how to effectively deal with used batteries of new energy vehicles has become a hot issue. This paper combines the rank-dependent expected
Rong Guo +3 more
doaj +1 more source
A cumulative prospect theory approach to car owner mode choice behaviour prediction
The uncertain transportation environment makes travel’s mode choice decision-making behaviour become a complex and alterable process. Based on the cumulative prospect theory, this paper analysed the long-standing use of utility theory for the travel’s ...
Shi An, Xiaowei Hu, Jian Wang
doaj +1 more source
Objective and Subjective Expected Utility with Incomplete Preferences [PDF]
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 ...
Edi Karni, Tsogbadral Galaabaatar
core
Going, going, gone: competitive decision-making in Dutch auctions
In a Dutch auction, an item is offered for sale at a set maximum price. The price is then gradually lowered over a fixed interval of time until a bid is made, securing the item for the bidder at the current price. Bidders must trade-off between certainty
Murray Bennett +5 more
doaj +1 more source
Probabilistic sophistication and multiple priors. [PDF]
We show that under fairly mild conditions, a maximin expected utility preference relation is probabilistically sophisticated if and only if it is subjective expected utility.
Massimo Marinacci
core
A behavioral foundation for fuzzy measures [PDF]
In Savage [41] a ‘behavioral foundation’ was given for subjective probabilities, to be used in the maximization of expected utility. This paper analogously gives a behavioral foundation for fuzzy measures, to be used in the maximization of ‘Choquet ...
Wakker, P.P. (Peter)
core +2 more sources
Subjective expected utility and psychological gambles
We obtain an elementary characterization of expected utility based on a representation of choice in terms of psychological gambles, which requires no assumption other than coherence between ex-ante and ex-post preferences. Weaker version of coherence are associated with various attitudes towards complexity and lead to a characterization of minimax or ...
openaire +2 more sources

