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  • Search: subject:"attitudes toward variability"
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Ambiguity 1 Entscheidung bei Unsicherheit 1 Entscheidungstheorie 1 Erwartungsnutzen 1 Theorie 1 attitudes toward variability 1 reference prior 1
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Siniscalchi, Marciano 1
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Vector expected utility and attitudes toward variation
Siniscalchi, Marciano - 2008
This paper proposes a model of decision under ambiguity deemed vector expected utility, or VEU. In this model, an uncertain prospect, or Savage act, is assessed according to (a) a baseline expected-utility evaluation, and (b) an adjustment that reflects the individual's perception of ambiguity...
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