The threshold approach to medical decision-making, in which treatment decisions are made based on whether the probability of sickness exceeds a predetermined threshold, was introduced by (Pauker and Kassirer, N Engl J Med 293:229-234, 1975) and (Pauker and Kassirer, N Engl J Med 302:1109-1116,...

Unlike the traditional normative decision theories under risk, we are concerned with a unary relation, interpreted as subjective acceptability judgment, on the set of all joint probability distributions over two-attributed decision outcomes, where the first attribute describes final wealth...