A Note on Utility in Case-Based Decision Theory.

This note provides an axiomatic derivation of a case-based decision rule. It shows that, if preferences orders over available acts in various contexts satisfy certain consistency requirements, then these orders can be numerically represented by maximizationof a similarity-weighted utility function.

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Year of publication:	1999
Authors:	Gilboa, I. ; Schmeidler, D.
Institutions:	Foerder Institute for Economic Research, Eitan Berglas School of Economics
Subject:	DECISION MAKING \| UTILITY FUNCTION

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Series:	Tel Aviv.
Type of publication:	Book / Working Paper
Notes:	10 pages
Classification:	D80 - Information and Uncertainty. General ; D00 - Microeconomics. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005675382