Behavioral assumptions for a class of utility theories: a program of experiments

DOI10.1007/s11166-010-9098-5zbMath1209.91059OpenAlexW2097273627MaRDI QIDQ629567

R. Duncan Luce

Publication date: 9 March 2011

Published in: Journal of Risk and Uncertainty (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10.1007/s11166-010-9098-5

zbMATH Keywords

uncertain alternativesgambles\(p\)-additive representationjoint receiptrisk types

Mathematics Subject Classification ID

Experimental studies (91A90) Utility theory for games (91A30)

Related Items

Evaluating decision maker ``type under \(p\)-additive utility representations, Reconciling Savage's and Luce's modeling of uncertainty: the best of both worlds, The ignored alternative: an application of Luce's low-threshold model to recognition memory, What makes risk acceptable? Revisiting the 1978 psychological dimensions of perceptions of technological risks, Empirical evaluation of four models of buying and selling prices of gambles, Subjective intensity: behavioral laws, numerical representations, and behavioral predictions in Luce's model of global psychophysics

Cites Work

• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Utility of gambling under p(olynomial)-additive joint receipt and segregation or duplex decomposition
• Independence properties vis-à-vis several utility representations
• Utility of gambling when events are valued: An application of inset entropy
• Interpersonal comparisons of utility for 2 of 3 types of people
• A behavioral condition for Prelec's weighting function on the positive line without assuming \(W(1)=1\)
• Utility of gambling. I: Entropy modified linear weighted utility
• Utility of gambling. II: Risk, paradoxes, and data
• Advances in prospect theory: cumulative representation of uncertainty
• Solutions of three functional equations arising from different ways of measuring utility
• When four distinct ways to measure utility are the same
• Reduction invariance and Prelec's weighting functions
• The exchangeable multinomial model as an approach to testing deterministic axioms of choice and measurement
• Statistical issues in measurement
• Arrow-Pratt risk aversion, risk premium and decision weights
• Simultaneous conjoint measurement: A new type of fundamental measurement
• Evaluating a model of global psychophysical judgments. I: Behavioral properties of summations and productions
• There Are Many Models of Transitive Preference: A Tutorial Review and Current Perspective
• Some Stronger Measures of Risk Aversion in the Small and the Large with Applications
• Risk Aversion in the Small and in the Large