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Introducing procedural utility : not only what, but also how matters

Frey, Bruno S.; Benz, Matthias; Stutzer, Alois - In: Journal of institutional and theoretical economics : JITE 160 (2004) 3, pp. 377-401

Persistent link: https://www.econbiz.de/10002240623

Violations of coalescing in parametric utility measurement

Glöckner, Andreas; Renerte, Baiba; Schmidt, Ulrich - In: Theory and decision : an international journal for … 89 (2020) 4, pp. 471-501

Persistent link: https://www.econbiz.de/10012305458

Axiomatic Utility Theory under Risk : Non-Archimedean Representations and Application to Insurance Economics

Schmidt, Ulrich - 1998

The book consists of three parts: The first part reviews the development in axiomatic utility theory under risk since … the axiomatization of expected utility by von Neumann and Morgenstein. The second part explores some approaches to … the expected utility framework do not remain valid with non-expected utility theory …

Persistent link: https://www.econbiz.de/10013519520

Large compound lotteries

Safra, Zvi; Segal, Uzi - In: Journal of mathematical economics 113 (2024), pp. 1-7

Persistent link: https://www.econbiz.de/10015071924

A genuine foundation for prospect theory

Schmidt, Ulrich; Zank, Horst - In: Journal of Risk and Uncertainty 45 (2012) 2, pp. 97-113

In most models of (cumulative) prospect theory, reference dependence of preferences is imposed beforehand and the location of the reference point is determined exogenously. This paper presents principles that provide critical tests and foundations for prospect theory preferences without assuming...

Persistent link: https://www.econbiz.de/10010863445

The role of replication-invariance : two answers concerning the problem of fair division when preferences are single-peaked

Klaus, Bettina - In: The B.E. journal of theoretical economics 10 (2010) 1, pp. 1-12

Persistent link: https://www.econbiz.de/10009545000

Serial dictatorship mechanisms with reservation prices

Klaus, Bettina; Nichifor, Alexandru - In: Economic theory : official journal of the Society for … 70 (2020) 3, pp. 665-684

Persistent link: https://www.econbiz.de/10012373194

Solidarity for public goods under single-peaked preferences : characterizing target set correspondences

Klaus, Bettina; Protopapas, Panos - In: Social choice and welfare 55 (2020) 3, pp. 405-430

Persistent link: https://www.econbiz.de/10012295162

Intrinsic variability in group and individual decision making

Melkonyan, Tigran A.; Safra, Zvi - In: Management science : journal of the Institute for … 62 (2016) 9, pp. 2651-2667

Persistent link: https://www.econbiz.de/10011577181

A theory of stochastic choice under uncertainty

Karni, Edi; Safra, Zvi - In: Journal of mathematical economics 63 (2016), pp. 164-173

Persistent link: https://www.econbiz.de/10011665094