Towards a more precise decision framework. A separation of the negative utility of chance from diminishing marginal utility and the preference for safety
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Publication:1923816
DOI10.1007/BF01082054zbMath0856.90015OpenAlexW2909003241MaRDI QIDQ1923816
Publication date: 1995
Published in: Theory and Decision (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1007/bf01082054
Related Items (5)
Utility of gambling. I: Entropy modified linear weighted utility ⋮ Dynamic choice, independence and emotions ⋮ Purity, resistance, and innocence in utility theory ⋮ Adaptive decision making via entropy minimization ⋮ Expected utility versus the changes in knowledge ahead
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