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Utility of gains and losses : measurement--theoretical, and experimental approaches

Author: R Duncan Luce
Publisher: Mahwah, N.J. ; London : L. Erlbaum, 2000.
Series: Scientific psychology series.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:

This work examines the behavioural properties people exhibit (or should exhibit) when they make selections among alternatives, and how these properties lead to numerical representations of those  Read more...

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Genre/Form: Electronic books
Additional Physical Format: Print version:
Luce, R. Duncan (Robert Duncan).
Utility of gains and losses.
Mahwah, N.J. ; London : L. Erlbaum, 2000
(DLC) 99055910
(OCoLC)42753378
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: R Duncan Luce
ISBN: 0585250707 9780585250700 9781135662714 1135662711
OCLC Number: 45728442
Description: 1 online resource (xii, 331 pages) : illustrations.
Contents: Certain, uncertain, and risky alternatives. Preference and its determination. Possible additional primitives. Numerical representations. Empirical evaluation of models --
Basic assumptions. Elementary accounting indifferences. Transitivity. Monotonicity of consequences. Monotonicity of events. Elementary rational structure. Decomposition into gains and losses subgambles --
Binary gambles of gains. Binary rank-dependent utility (RDU). Distinguishing SEU and RDU. Utility functions. Weighting functions. Separability and rank-dependent additivity (RDA). First axiomatization of RDU. Second axiomatization of RDU.
Series Title: Scientific psychology series.
Responsibility: R. Duncan Luce.
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