alwaysassigns non-negative value under expected utility: it starts from the decisionmaker’s beliefs – and one can never anticipate …

prescriptive exclusivity. The paper classifies non-expected utility models into categories which are suitable to model different … axiomatically founded, practicable – that means simply applicable, clearly interpretable and compatible with expected utility – and … Criterion is given by characterizing it as a special case of the Choquet expected utility when lower and upper state …

For decision making various theories exist beyond Bernoulli rationality and subjectiveexpected utility. A special …