Chilton, Susan; Spencer, Anne - In: Swiss Journal of Economics and Statistics (SJES) 137 (2001) I, pp. 65-86
Expected Utility Theory (EUT) underlies the Standard Gamble (SG) method for eliciting people's preferences towards safety policy and risky treatments. Increasingly surveys using this method decompose the SG questions into two or more intermediate questions. Under the EUT assumption of procedural...