Great expectations. Part II: Generalized expected utility as a universal decision rule

Many different rules for decision making have been introduced in the literature. We show that a notion of generalized expected utility proposed in 'Great Expectations. Part I' is a universal decision rule, in the sense that it can represent essentially all other decision rules.

MoreLess

Year of publication:	2004-11-05
Authors:	Chu, Francis C. ; Halpern, Joseph Y.
Institutions:	EconWPA

More details

Extent:	application/pdf
Series:	Game Theory and Information.
Type of publication:	Book / Working Paper
Notes:	Type of Document - pdf; pages: 21. Appears in Artificial Intelligence, vol. 159, numbers 1,2, 2004, pp. 207-230 21 pages
Classification:	C7 - Game Theory and Bargaining Theory ; D8 - Information and Uncertainty
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005550952