A recourse certainty equivalent for decisions under uncertainty

DOI10.1007/BF02204807zbMath0741.90001MaRDI QIDQ1178430

Aharon Ben-Tal, Adi Ben-Israel

Publication date: 26 June 1992

Published in: Annals of Operations Research (Search for Journal in Brave)

zbMATH Keywords

certainty equivalentrisk aversiondecision-making under uncertaintyAllais paradoxvalue-risk function

Mathematics Subject Classification ID

Decision theory (91B06) Applications of mathematical programming (90C90) Stochastic programming (90C15) Utility theory (91B16)

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