Axiomatization of stochastic models for choice under uncertainty

DOI10.1016/j.mathsocsci.2007.09.005zbMath1153.91410OpenAlexW2090677897MaRDI QIDQ930008

John K. Dagsvik

Publication date: 19 June 2008

Published in: Mathematical Social Sciences (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/11250/178126

zbMATH Keywords

bounded rationalityAllais paradoxindependence from irrelevant alternativesrandom tastesprobabilistic choice among lotteriesstochastic expected utility theory

Mathematics Subject Classification ID

Stochastic models in economics (91B70) Utility theory (91B16)

Related Items

Random binary choices that satisfy stochastic betweenness, Fechner's strong utility model for choice among \(n > 2\) alternatives: risky lotteries, savage acts, and intertemporal payoffs, Uncertainty and binary stochastic choice, Invariance axioms and functional form restrictions in structural models, Recasting a biologically motivated computational model within a Fechnerian and random utility framework, Justification of functional form assumptions in structural models: applications and testing of qualitative measurement axioms, Stochastic models for risky choices: a comparison of different axiomatizations, Stochastic expected utility for binary choice: a `modular' axiomatic foundation, Future plans and errors

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