Remarks on ``a measure of risk and a decision-making model based on expected utility and entropy by \textit{J. Yang} and \textit{W. Qiu} [Eur. J. Oper. Res. 164, No. 3, 792--799 (2005; Zbl 1057.91020)]

DOI10.1016/J.EJOR.2006.07.033MaRDI QIDQ879325zbMATH OpenOpenAlexFDO

Authors Kathrin Fischer, Andreas Kleine

Publication date 11 May 2007

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

Full work available at URL https://doi.org/10.1016/j.ejor.2006.07.033

zbMATH Keywords

decision analysisexpected utilityexpected utility-entropy measure of risk

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16)

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Cites work

• A Mathematical Theory of Communication
• A measure of risk and a decision-making model based on expected utility and entropy
• Coherent measures of risk
• Curvature of the Probability Weighting Function
• scientific article; zbMATH DE number 3137856 (Why is no real title available?)
• Prospect Theory: An Analysis of Decision under Risk
• Stochastic Dominance and Expected Utility: Survey and Analysis

Cited in

(3)

• Comment on Cenci et al. (2015): ``Half-full or half-empty? A model of decision making under risk
• A decision model based on expected utility, entropy and variance
• On preference for simplicity and probability weighting

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