Expected utility and case-based reasoning
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The author presents an equivalence result between expected utility theory and a modified version of case-based decision theory. Case-based decision theory was proposed and axiomatized, for reasoning in psychology and artificial intelligence. Also it is considered as a descriptive theory of human behavior, because a decision maker remembers similar situations to the current problem and uses them to help solve it. In this sense the decision maker satisfies rather than optimizes.
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(11)- Estimating case-based learning
- Experimental evidence on case-based decision theory
- Dynamics of inductive inference in a unified framework
- Predicting human cooperation in the prisoner's dilemma using case-based decision theory
- Learning aspiration in repeated games
- The research of linear decision on two actions based on expected utility theory
- scientific article; zbMATH DE number 1734440 (Why is no real title available?)
- Case-Based Decision Theory
- The reasoning-based expected utility procedure
- Utility in case-based decision theory
- An experiment on case-based decision making
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