The Pearson system of utility functions

DOI10.1016/J.EJOR.2004.10.012zbMATH Open1120.91008OpenAlexW2054598170MaRDI QIDQ2490169FDOQ2490169

Authors: Annamaria Sorato, Marco LiCalzi 

Publication date: 28 April 2006

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10278/29059

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zbMATH Keywords

HARA utility functionsProspect theoryExpected utilityPearson system of distributionsCoefficient of risk aversionElicitation of preferences under riskProbability weighting functionTarget-based decisions

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Utility theory (91B16)

Cites Work

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• A further examination of cumulative prospect theory parameterizations
• Comparative risk sensitivity with reference-dependent preferences
• CONTINUATION OF DR JONES'S PAPER
• SOME REMARKS ON THE MEAN, MEDIAN, MODE AND SKEWNESS

Cited In (10)

• Risk-optimal path planning in stochastic dynamic environments
• Flexible utility function approximation via cubic Bezier splines
• Multi-choice goal programming with utility functions
• Non-additive multi-attribute fuzzy target-oriented decision analysis
• Utility functions of equivalent form and the effect of parameter changes on optimum decision making
• Moments of utility functions and their applications
• Five parameter utility function
• Multi-period power utility optimization under stock return predictability
• Representing risk preferences in expected utility based decision models
• The S-shaped utility function

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