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Subjective Expected Utility in Games

Di Tillio, Alfredo - 2009

This paper extends Savage's subjective approach to probability and utility from decision problems under exogenous …

Persistent link: https://www.econbiz.de/10013155264

Subjective expected utility in games

Di Tillio, Alfredo - In: Theoretical economics : TE ; an open access journal in … 3 (2008) 3, pp. 287-323

This paper extends Savage's subjective approach to probability and utility from decision problems under exogenous …

Persistent link: https://www.econbiz.de/10011700273

Focus Theory of Choice : Modeling Procedural Rationality and Resolving the St. Petersburg, Allais, and Ellsberg Paradoxes, Preference Reversals, the Event-Splitting Effect, and the...

Guo, Peijun - 2017

We present a decision theory which models and axiomatizes a decision-making procedure. This procedure involves two steps: in the first step, for each action, some specific event which can bring about a relatively high outcome with a relatively high probability or a relatively low outcome with a...

Persistent link: https://www.econbiz.de/10012943248