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Risk, decision, and rationality

Author: Bertrand Munier
Publisher: Dordrecht, Holland ; Boston : D. Reidel ; Norwell, MA, U.S.A. : Sold and distributed in the U.S.A. and Canada by Kluwer Academic Publishers, ©1988.
Series: Theory and decision library., Series B,, Mathematical and statistical methods.
Edition/Format:   Print book : Conference publication : EnglishView all editions and formats
Summary:

The reader will find here thirty~nine selected papers which were given at FUR-III, the third international confe- rence on the Foundations and applications of Utility, Risk and decision theories,  Read more...

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Genre/Form: Conference papers and proceedings
Kongress
Congresses
Material Type: Conference publication, Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Bertrand Munier
ISBN: 9027726248 9789027726247
OCLC Number: 16801645
Notes: Papers delivered at FUR-III, the Third International Conference on the Foundations and Applications of Utility, Risk, and Decision Theories, held in Aix-en-Provence in June 1986.
Companion vol. to: Compromise, negotiation, and group decision.
Description: x, 707 pages : illustrations ; 25 cm.
Contents: A Guide to Decision-Making Under Uncertainty.- I / Concepts and Experiments in Utility Evaluation.- Different Experimental Procedures for Obtaining Valuations of Risky Actions: Implications for Utility Theory.- Investigating Utility and Value Functions with an "Assessment Cube".- Evaluation Questions and Income Utility.- Cardinal Utility: An Empirical Test.- A Note on the Relationships Between Utility and Value Functions.- Expected Utility Theory without Continuous Preferences.- Assessing Other People's Utilities.- A Comment on Pr. HARSANYI's "Assessing Other People's Utilities".- II / Experimental Investigations and the Expected Utility Hypotheses.- Experimental Investigations into Economic Behaviour Under Uncertainty.- "Preference Reversals" and the Theory of Decision Making under Risk.- Preponderence of the Certainty Effect Over Probability Distortion in Decision Making Under Risk.- A Model of the Influence of Certainty and Probability "Effects" on the Measurement of Utility.- III / Criticisms of Expected Utility Theory and Alternative Models.- Expected Utility Theory and Ordinalism. A Political Marriage.- The Bayesian Approach: Irreconciliable With Expected Utility Theory?.- The General Theory of Random Choices in Relation to the Invariant Cardinal Utility Function and the Specific Probability Function. The (U, ?) - Model: A General Overview.- A Large Scale Empirical Test for the Linearized Moments Model (LMM): Compatibility Between Theory and Observation.- An Axiomatic Model of Choice Under Risk Which is Compatible With the Certainty Effect.- Decision Making Under Ambiguity: A Note.- IV / The Unsolved Plurality of Models.- Cardinal Properties of "Local Utility Functions".- A New Neo-Bernoullian Theory: The Machina Theory. A Critical Analysis.- Economics as Psychology: A Cognitive Assay of the French and American Schools of Risk Theory.- V / Rationality and the Logic of Decision.- A Generalisation of Rational Behaviour.- Infinite Regressions in the Optimizing Theory of Decision.- Rational Behaviour and Adaptation.- Metatickles, Ratificationism, and Newcomb-Like Problems Without Dominance.- Consequentialism and the Independence Axiom.- Dynamic Choice and Rationality.- World Bayesianism: Comments on the Hammond/McClennen Debate.- VI / Modeling and Measuring Uncertainty.- Probability in Quantum Mechanics and in Utility Theory.- Some Remarkable Properties of the Determination of a Bounded Continuous Distribution by its Moments.- On ?-Additive Priors, ?-Coherence, and the Existence of Posteriors.- A New Dichotomization for Uncertainty Models.- Risk and Flexibility in Microeconomic Production Theory: Principles and Application to Energy-Saving Investments.- Possibility Theory: Searching for Normative Foundations.- Uncertainty Aversion and Risk Aversion in Models With Non-Additive Probabilities.- A Generalized Measure of Risk Aversion, Without the Independence Axiom.- VII / Some Applications.- The Income-Replacement Ratio: An Insurance Theory Approach.- Industrial Practice of Decision Theory.- The Expected Utility Applied to Reinsurance.
Series Title: Theory and decision library., Series B,, Mathematical and statistical methods.
Responsibility: edited by Bertrand R. Munier.
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