Utility of gambling when events are valued: An application of inset entropy

DOI10.1007/s11238-007-9065-zzbMath1168.91336OpenAlexW2063479817WikidataQ57086464 ScholiaQ57086464MaRDI QIDQ836040

R. Duncan Luce, Anthony A. J. Marley, Che Tat Ng

Publication date: 31 August 2009

Published in: Theory and Decision (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11238-007-9065-z

Mathematics Subject Classification ID

Utility theory (91B16) Measures of information, entropy (94A17) Probabilistic games; gambling (91A60)

Related Items (7)

Weighted entropies ⋮ Behavioral assumptions for a class of utility theories: a program of experiments ⋮ Probabilistic choice (models) as a result of balancing multiple goals ⋮ Utility of gambling. I: Entropy modified linear weighted utility ⋮ Purity, resistance, and innocence in utility theory ⋮ Utility of gambling. II: Risk, paradoxes, and data ⋮ Utility of gambling under p(olynomial)-additive joint receipt and segregation or duplex decomposition

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