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ArticleThe Expected Utility Model: Its Variants, Purposes, Evidence and Limitations

Paul J. H. Schoemaker2007

Article2007

The Expected Utility Model: Its Variants, Purposes, Evidence and Limitations

Paul J. H. Schoemaker

1,428 citations·0/0 files stored·Journal of Economic Literature

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Decision-Making and Behavioral Economics Economic and Environmental Valuation Experimental Behavioral Economics Studies

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References

1981The Framing of Decisions and the Psychology of Choice 1994The magical number seven, plus or minus two: Some limits on our capacity for processing information.2019Theory of games and economic behavior 1955A BEHAVIORAL MODEL OF RATIONAL CHOICE 1973Availability: A heuristic for judging frequency and probability 1980Toward a positive theory of consumer choice 1972Subjective probability: A judgment of representativeness 1976Risk Aversion in the Small and in the Large

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1997Not just for the money: an economic theory of personal motivation 1988The precaution adoption process.2017Contemporary Guidance for Stated Preference Studies 1993Testing four competing theories of health-protective behavior.1992The Analytics of Uncertainty and Information 1989Utilities and Quality-Adjusted Life Years

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Year2007

Typearticle

Published2007-01-01

VenueJournal of Economic Literature

ISSN-L0022-0515

Languageen

Citations1,428

Files0 public / 0

ShelfDecision-Making and Behavioral Economics

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openalex_workW1581813620

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2012

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