observable events are regular open subsets of S. We axiomatically characterize Subjective Expected Utility (SEU) representations … of conditional preferences over acts, involving a continuous utility function on X (unique up to positive affine … transformations), and a unique Borel probability measure on S, along with an auxiliary apparatus called a "liminal structure", which …

choosing a solution is modeling the decision maker's attitude to risk. The expected utility theory was the first approach that … extensions of the original expected utility theory, and the analysis of the main properties of the cumulative prospect theory …

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 … theory. Regret theory is one of the established alternatives to expected utility theory (EUT), and partly overcomes the …