Divide the decisionmaker's future into: (i) a pre-outcome period (lasting from the decision until the outcome of that decision is known), and (ii) a sequel post-outcome period (beginning when the outcome becomes known). Anticipated emotions in both periods may influence the decision, in...

The information that is used to create a numerical response is typically diffuse, and cannot be described by a distribution. A criterion to describe the information is its range of reasonable alternatives, corresponding to the worst case-best case analysis of practitioners in decision situations...

Starting point of the theory of prominence is the observation that the selection of a numerical response is performed by a process of stepwise refinement of a reasonable answer until the available information does not permit a further specification. The procedure starts with a sufficiently high...