Theory of games and economic behavior, 2nd rev. ed.

By J. Neumann, O. Morgenstern. 1947

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Shaking the foundations: delusions in sequence models for interaction and control (2021, background): “From game theory, we also know that hidden moves spawn information sets , i.e. game states that are indistinguishable (highlighted in Figure 3a) and hence do not admit the same state-speciﬁc actions that the expert would choose [17, 23].”
Paradigmatic Experiments: the Dictator Game (2010, unknown): “Von Neumann and Morgenstern (1947) famously introduced a method for measuring utility independently of strategic situations.”
Wind Power Trading Under Uncertainty in LMP Markets (2012, background): “For the expected utility criterion, we assume an exponential utility function, which corresponds to a constant level of risk aversion across the attribute range [28].”
Risk-aversion: understanding teachers’ resistance to technology integration (2013, background): “This system of thinking includes rational and economic determinations of the maximum benefit in a given situation, theoretically this is explained through the theory of expected utility (e.g. Fishburn, 1982; Savage, 1954; von Neumann & Morgenstern, 1947).”