of the relationship between decision utility, the survival function, and the discounting function, where decision utility … complex forms of decision utility and survival functions are also considered. These likewise lead to the stretched exponential …

. Decision Utility Theory presents an alternative solution, which makes no use of this concept. The new theory distinguishes … decision and perception utility, postulates a double S-shaped decision utility curve similar to one hypothesized by Markowitz … (1952), and applies the expected decision utility value similarly to the theory by von Neumann and Morgenstern (1944 …

Until recently we have known little about how core decision processes change with age and how aging may impact the … reward-related decision-making contexts. A range of decision-related processes are covered, from adult age differences in … basic sensitivity to gains and losses to areas of decision making that require increasing integration of information, and …

situation where participants face a risky decision that affects only their own earnings. In the social (individual) treatment …

uncertain to provide a solid basis for legal reasoning. This paper claims that in such cases, rules for decision making under … applies a meta-decision theory to the question of what kind of decision theory (rational choice or behavioral decision theory … uncertainty with the help of advanced empirical techniques. This prepares the ground for decision making under risk in an expected …

Decision makers often take risky decisions on the behalf of others rather than for themselves. Competing theoretical …

Decision makers often take risky decisions on the behalf of others rather than for themselves. Competing theoretical …

We study the effect of variation in correlation on investment decision in an experimental two asset application … attributed to common behavioral bias in financial decision. Field implications of the results are discussed …

with the right to veto the investee's profit distribution decision on the level of trust and trustworthiness. One of the …