Expected utility versus the changes in knowledge ahead
From MaRDI portal
Publication:1042254
DOI10.1016/j.ejor.2009.01.060zbMath1176.90311OpenAlexW2137768342MaRDI QIDQ1042254
Johannes Leitner, Ulrike Leopold-Wildburger, Pope, Robin
Publication date: 7 December 2009
Published in: European Journal of Operational Research (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.ejor.2009.01.060
heuristicsdecision makingriskdecision analysisexperimental economicsand secondary satisfactionsstages of knowledge ahead theory
Management decision making, including multiple objectives (90B50) Approximation methods and heuristics in mathematical programming (90C59)
Related Items
Cites Work
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Advances in prospect theory: cumulative representation of uncertainty
- Aspiration adaptation theory
- Terrorism and probability neglect
- Money does not induce risk neutral behavior, but binary lotteries do even worse
- Towards a more precise decision framework. A separation of the negative utility of chance from diminishing marginal utility and the preference for safety
- Subjective expected utility theory without states of the world
- Psychological Expected Utility Theory and Anticipatory Feelings
- Comparison of Weighting Judgments in Multiattribute Utility Measurement
- Disappointment in Decision Making Under Uncertainty
- Incentive-Compatible Debt Contracts: The One-Period Problem
- Prospect Theory: An Analysis of Decision under Risk
- Rational Behavior, Uncertain Prospects, and Measurable Utility
- Probability, Utility, and the Independence Axiom
- Reconciliation with the utility of chance by elaborated outcomes destroys the axiomatic basis of expected utility theory.