The Foundations Of Expected Utility
By P. Fishburn. 2010
237 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/cff05297a83005377b13bf4cc4fc4a0fc33ed1e0
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In Economics and Econometrics
Citations in the corpus
- Thermodynamics as a theory of decision-making with information-processing costs (2012, background): “return—irrespective of the effort or the resources it might take to find or compute the optimal action [5, 6, 7].”
- 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).”
- A Minimum Relative Entropy Principle for Learning and Acting (2008, background): “4 Risk & Ambiguity Classical decision theory, as pioneered by expected utility theory (von Neumann and Morgenstern, 1944) and later extended to subjective expected utility (Savage, 1954; Fishburn, 1982), is the normative foundation of optimal decision making under risk.”