Utility of gambling. I: Entropy modified linear weighted utility

DOI10.1007/s00199-007-0260-5zbMath1136.91008OpenAlexW2026651188WikidataQ57086470 ScholiaQ57086470MaRDI QIDQ926231

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

Publication date: 26 May 2008

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00199-007-0260-5

zbMATH Keywords

EntropyFunctional equationsDuplex decompositionJoint receiptLinear weighted utilitySegregationUtility of gambling

Mathematics Subject Classification ID

Utility theory (91B16) Probabilistic games; gambling (91A60)

Related Items

Utility of gambling when events are valued: An application of inset entropy, The normalized expected utility -- entropy and variance model for decisions under risk, Weighted entropies, A decision model based on expected utility, entropy and variance, Behavioral assumptions for a class of utility theories: a program of experiments, A solution to a problem raised in Luce and Marley (2005), 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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