Work

Great Expectations. Part II: Generalized Expected Utility as a Universal Decision Rule

Year: 2003

Type: preprint

Abstract: Many different rules for decision making have been introduced in the literature. We show that a notion of generalized expected utility proposed in Part I of this paper is a universal decision rule, in the sense that it can represent essentially all other decision rules.

Source: arXiv (Cornell University)

DOI: 10.48550/arxiv.cs/0311027

Authors: Chu, Francis C., Halpern, Joseph Y.

Institution: Cornell University

Language: English

Topic: Decision-Making and Behavioral Economics

Subfield: General Decision Sciences

Field: Decision Sciences

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2006066975

Cites: 24

Cited by: 2

Related to: 10