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Ergodic concept of utility under risk - MaRDI portal

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Ergodic concept of utility under risk (Q1417749)

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scientific article; zbMATH DE number 2021805
Language Label Description Also known as
English
Ergodic concept of utility under risk
scientific article; zbMATH DE number 2021805

    Statements

    Ergodic concept of utility under risk (English)
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    6 January 2004
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    Comparative evaluations of lotto are achieved on the ground of multiple training. The final choice of lottery results is evaluated and thus the set of total results of lotto is constructed. Here instead of binary relations of lottery, the preferences of individual players at the set of final results are taken into account.
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    games
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    lottery
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    utility theory
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    risk
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    comparative analysis
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