Expected Utility Theory -- Alternative Descriptive Models -- A Positivistic Test of EU Theory -- An Experimental Study … undertaken regarding the descrip­ tive validity of expected utility theory as a model of choice under uncer­ tainty. His …, task effects, and context effects as they influence behavior. The expected utility hypothesis has come under scrutiny in …

This research note provides clear, unambiguous rationalization for the normative that applications of utility functions …, all formal theoretical studies that apply utility functions to modeling of any of Game Theoretic Interactions (GTIs …