dominance and classes of utility functions in this general case, and expresses the conditions on bounds in terms of differences …

this theorem to explain the well-known problems of utility and decision theories, such as risk aversion, the underweighting … interpretation, probability theory, statistics, management, finance, investment, insurance, etc. …

results in lower performance and heightened probability of accidents. …

We provide exact relations giving the probability of individual and coalitional manipulation of three specific social … of voters is greater than a certain threshold value. In addition, the probability of individual and coalitional …

In most economics textbooks there is a gap between the non-existence of utility functions and the existence of … continuous utility functions, although upper semi-continuity is sufficient for many purposes. Starting from a simple constructive … the existence of upper semi-continuous utility functions on a wide class of domains. Although links between utility theory …

)-expected utility theory. When individual preference satisfies a given invariance property, his utility function is solution of a … utility function and its invariance property. More precisely, invariance with respect to two transformations uniquely … determines the individual utility function. We provide examples of such transformations for CARA or CRRA utility, but also with …

under uncertainty is expected to help people take the best decision. However, the widely used expected utility theory values …'s unwillingness to accept a low probability of death, contrary to expected utility predictions. This work uses new axioms of choice … decision criteria are a combination of expected utility with extreme responses, and seem more consistent with observations. …

prospects according to the celebrated Expected utility criterion. This method takes lotteries i.e. (simple) probability … utility function such that any probability can be resumed to a lottery having for support the best and the worst state, where … the probability that he wins the bet is given by its expected utility. Probalities are precise objects to model risk, but …

In this paper we want to explore an argumentative pattern that provides a normative justification for expected utility … claims that we should prudentially maximize our expected utility since this is the criterion effectively applied by those who … particular class of agents. We show how expected utility functions were introduced and contested in accordance to this pattern in …