', SWB has recently been compared to 'decision utility' using specific experiments, most often based on stated preferences …Subjective well-being (SWB) data is increasingly used to perform welfare analyses. Interpreted as 'experienced utility …

This study aims to investigate the potential consumer-specific driver for decision rules between utility maximization … or regret minimization in discrete choice modeling to gain a better understanding of consumers' decision process, while … theory, we posit that promotion-focused consumers, who are inclined to maximize their opportunities, are more likely to be …

. Decision Utility Theory presents an alternative solution, which makes no use of this concept. The new theory distinguishes … (1952), and applies the expected decision utility value similarly to the theory by von Neumann and Morgenstern (1944 …). Decision Utility Theory proposes straightforward risk measures, presents a simple explanation of risk attitudes by using the …

sensitive to probabilities. The leading explanation of this effect is prospect theory and its nonlinear weights applied to … probabilities. We propose an alternative explanation: expected utility under the perception that one-shot risks will be repeated. We … are adapted to recurrent situations. We show that expected utility under perceived repeated risk can explain the common …

. Decision Utility Theory presents an alternative solution, which makes no use of this concept. The new theory postulates a … double S-shaped decision utility curve similar to the one hypothesized by Markowitz (1952), and applies the expected decision … utility value similarly to the theory of von Neumann and Morgenstern (1944). This work is a PhD dissertation; it contains …

We establish a convergence theorem that shows that discrete-time recursive utility, as developed by Kreps and Porteus … (1978), converges to stochastic di erential utility, as introduced by Du e and Epstein (1992), in the continuous-time limit …