Search Results - subject:"Subjective expected utility"

Lotto lotteries : decision making under uncertainty when payoffs are unknown

Schröder, David - In: Journal of behavioral and experimental economics 114 (2025), pp. 1-20

Persistent link: https://www.econbiz.de/10015190618

Some notes on Savage's representation theorem

Frahm, Gabriel; Hartmann, Lorenz - In: Theory and decision : an international journal for … 98 (2025) 1, pp. 85-93

Persistent link: https://www.econbiz.de/10015333320

Randomization advice and ambiguity aversion

Kuzmics, Christoph; Rogers, Brian; Zhang, Xiannong - 2024

Persistent link: https://www.econbiz.de/10015123315

Independent postulates for subjective expected utility

Harju, Mikko; Liesiö, Juuso; Virtanen, Kai - In: Theory and decision : an international journal for … 96 (2024) 4, pp. 597-606

Persistent link: https://www.econbiz.de/10014547913

Some Notes on Savage’s Representation Theorem

Frahm, Gabriel; Hartmann, Lorenz - In: Theory and Decision 98 (2024) 1, pp. 85-93

Savage's famous representation theorem is based on seven postulates of rational choice. We resolve some loose ends in the literature concerning the relationship between different versions of Savage's axioms. This leads us to the present form of the representation theorem. We also discuss some...

Persistent link: https://www.econbiz.de/10015408326

Randomization advice and ambiguity aversion

Kuzmics, Christoph; Rogers, Brian; Zhang, Xiannong - 2023

Persistent link: https://www.econbiz.de/10014248432

Randomizing without randomness

Ghirardato, Paolo; Pennesi, Daniele - In: Economic theory 75 (2023) 4, pp. 1009-1037

Persistent link: https://www.econbiz.de/10014259091

Prerationality as avoiding predictably regrettable consequences

Hammond, Peter J. - 2022 - Prepublication version: 2022 August 29th

Persistent link: https://www.econbiz.de/10013205233

Robust decision theory and econometrics

Chamberlain, Gary - In: Annual review of economics 12 (2020), pp. 239-271

Persistent link: https://www.econbiz.de/10012404575

Decision making under uncertainty: An experimental study in market settings

Echenique, Federico; Imai, Taisuke; Saito, Kota - 2019

We design and implement a novel experimental test of subjective expected utility theory and its generalizations. Our … fully consistent with subjective expected utility. Surprisingly, maxmin expected utility adds no explanatory power to … subjective expected utility. Our findings remain the same regardless of whether we look at laboratory data or the panel survey …

Persistent link: https://www.econbiz.de/10012290328