Probability weights in rank-dependent utility with binary even-chance independence.
type: Item
instance of: scholarly article
title: Probability weights in rank-dependent utility with binary even-chance independence.
zbMATH Open document ID: 1060.91045
DOI: 10.1016/S0022-2496(02)00023-8
author: David E. Bell
author: Peter Fishburn
published in: Journal of Mathematical Psychology
publication date: 2003-08-25T00:00:00Z
review text: The rank-dependent utility model in the reviewed paper follows \textit{J. Quiggins} formulation [Generalized expected utility theory. The rank-dependent model. Dordrecht: Kluwer Academic Publishers (1992; Zbl 0915.90081)]. This model is a generalization of the expected utility that accounts for subjective weighting or distortion of probabilities in the evaluation of gambles. The obtained results are technical contributions.
Mathematics Subject Classification ID: 91B16
zbMATH DE Number: 1970556
zbMATH Keywords: expected utility
reviewed by: Krzysztof Piasecki
MaRDI profile type: Publication
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full work available at URL: s0022-2496(02)00023-8
OpenAlex ID: W2129371912
description: scientific article; zbMATH DE number 1970556