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The Utility of Utility Analysis
Human Performance, 1990Recent research on utility analysis that focuses on estimating the dollar value of performance gains was critically reviewed and a case was made that other metrics for expressing utility may be desirable. The need to validate the accu- racy of utility predictions was emphasized, and factors that could adversely affect their accuracy were described in a
Robert J. Vance, Adrienne Colella
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Annals of the American Thoracic Society, 2015
Emily, Landon, Michael D, Howell
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Emily, Landon, Michael D, Howell
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'Utility-Based Utility', Second Version
SSRN Electronic Journal, 2008A major virtue of von Neumann-Morgenstern utilities, for example, in the theory of general financial equilibrium (GFE), is that they ensure intertemporal consistency: consumption-portfolio plans (for the future) are in fact executed (in the future) - assuming that there is perfect foresight about relevant endogenous variables.
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