concerning behavior in decision trees. Following Cubitt (1996) , these principles include dynamic consistency, separability, and … subtrees as well as entire decision trees. Examples of behavior violating these principles are also reviewed, as are possible …

In confidence theory, the decision maker relies on statistical regularities from the economic environment to adopt … prior in Bayesian inference is proportional to the uncertainty related to its distribution, the decision maker arrives at … revised stated probabilities that were used in the evaluation of certainty equivalents. The decision model employed in …