What Common Ground Exists for Descriptive, Prescriptive, and Normative Utility Theories?

DOI10.1287/mnsc.40.2.263zbMath0805.90007OpenAlexW2086216010MaRDI QIDQ4302646

R. Duncan Luce, Detlof von Winterfeldt

Publication date: 31 January 1995

Published in: Management Science (Search for Journal in Brave)

Full work available at URL: https://semanticscholar.org/paper/6155189c036d1e8a7b0401a9979c235bea6dd461

zbMATH Keywords

rank-dependent utilitydecision making under risk and uncertaintypreference rationalitysign-dependent utility

Mathematics Subject Classification ID

Utility theory (91B16)

Related Items (8)

Preference based subjective beliefs ⋮ Probabilities and beliefs ⋮ Probabilistic choice as a consequence of nonlinear (sub) optimization ⋮ One-reason decision-making: modeling violations of expected utility theory ⋮ The general theory of decisions ⋮ Multi-attribute non-expected utility ⋮ An additive model of decision making under risk and ambiguity ⋮ A general concept of majority rule

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