We present a preference foundation for Chance Theory (CT), a model of decision making under uncertainty where the … and the potential increments over it are evaluated by subjective expected utility with a risky utility function u. In … contrast to earlier approaches with models that aimed at separating riskless and risky utility, CT does not violate basic …

model generalizes many well known utility functions for intertemporal decision making under risk. A decision maker with a … weighted temporal utility function can have time consistent yet non-stationary preferences or stationary yet time inconsistent …We propose a novel utility representation for preferences over risky timed outcomes. The weighted temporal utility …

value elicitation exercises such as risk, time (Bansback et al. 2012) and numbers treated (Robinson et al, 2010). Flynn … allow utility values to be derived at the individual level also. The DCE presented respondents with eight pairwise risky … choices to estimate aggregate utility values for three EQ-5D health states, ranging from mild to severe. The design allowed …

understanding of their relative importance. We propose a multi-attribute random utility model that unifies prior theoretical …

situations are characterized by a very short time frame for decision making. Preferences are potentially susceptible to the … lower present-bias under time pressure compared to the condition without time pressure on the aggregate, whereas utility …Time preferences drive decisions in many economic situations, such as investment contexts or salary negotiations. These …

symmetry if the latter is generated by a field. Moreover, solving the PDEs yields the functional form for utility equivalent to …, multivariate separability, and homogeneity, including the cases of Cobb-Douglas and CES utility. …

long time horizons in the presence of growing awareness and awareness of unawareness. The framework generalizes both the … representation are provided along with a recursive formulation of intertemporal utility. This allows for tractable and consistent …