Towards a more precise decision framework. A separation of the negative utility of chance from diminishing marginal utility and the preference for safety (Q1923816)
From MaRDI portal
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Towards a more precise decision framework. A separation of the negative utility of chance from diminishing marginal utility and the preference for safety |
scientific article |
Statements
Towards a more precise decision framework. A separation of the negative utility of chance from diminishing marginal utility and the preference for safety (English)
0 references
1995
0 references
negative utility of gambling
0 references
risk aversion
0 references
0 references
0 references
