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Empirical Demonstration that Expected Utility Decision Analysis is Not Operational
16 references·16 citing·26 second hopsampled
Empirical Demonstration that Expected Utility Decision Analysis is Not Operational (1983)Empirical Demonstration that Expected Uti…Theory of games and economic behavior (2019)Theory of games and economic …Decisions with Multiple Objectives: Preferences and Value Tradeoffs. (1994)Decisions with Multiple Objec…Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …Organizational behavior and human performance (1984)Organizational behavior and h…Strength of preference and risk attitude in utility measurement (1983)Strength of preference and ri…Utility Theory: Axioms Versus ‘Paradoxes’ (1979)Utility Theory: Axioms Versus…Towards a Positive Theory of Preferences under Risk (1979)Towards a Positive Theory of …The So-Called Allais Paradox and Rational Decisions under Uncertainty (1979)The So-Called Allais Paradox …The Foundations of a Positive Theory of Choice Involving Risk and a Criticism of the Postulates and Axioms of the American School (1952) (1979)The Foundations of a Positive…Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …Expected Utility Hypotheses and the Allais Paradox (1979)Expected Utility Hypotheses a…Decisions with Multiple Objectives: Preferences and Value Trade-Offs (1979)Decisions with Multiple Objec…Decisions with Multiple Objectives: Preferences and Value Tradeoffs. (1977)Decisions with Multiple Objec…Methods of Estimating Additive Utilities (1967)Methods of Estimating Additiv…Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine (1953)Le Comportement de l'Homme Ra…Theory of Games and Economic Behavior (1946)Theory of Games and Economic …Multiple criteria assessment of sustainability programs in the textile industry (2020)Multiple criteria assessment …Expected utility theory and experimental utility measurement, 1950–1985. From confidence to scepticism (2017)Expected utility theory and e…Making and validating complex decisions with the AHP/ANP (2005)Making and validating complex…Probability Weighting in Choice under Risk: An Empirical Test (2001)Probability Weighting in Choi…Evaluation and Decision Models A Critical Perspective (2000)Evaluation and Decision Model…The risk-structure dependence effect:Experimenting with an eye to decision-aiding (1998)The risk-structure dependence…Cardinal Utility: A History of Hedonimetry (1994)Cardinal Utility: A History o…Expected utility versus anticipated utility: Where do we stand? (1992)Expected utility versus antic…Expected Utility Hypothesis (1990)Expected Utility HypothesisNew models of decision under uncertainty: An interpretative essay (1989)New models of decision under …A Model of the Influence of Certainty and Probability “Effects” on the Measurement of Utility (1988)A Model of the Influence of C…Assessment response surface: Investigating utility dependence on probability (1985)Assessment response surface: …The Foundations of the Theory of Utility and Risk Some Central Points of The Discussions at the Oslo Conference (1984)The Foundations of the Theory…Decision-Aid and Expected Utility Theory: A Critical Survey (1984)Decision-Aid and Expected Uti…Paradoxes and Their Solutions (1983)Paradoxes and Their SolutionsA Decision Analysis Model When the Substitution Principle is Not Acceptable (1983)A Decision Analysis Model Whe…Risk, Ambiguity, and the Savage Axioms (1961)Judgment under Uncertainty: Heuristics and Biases (1975)The Framing of Decisions and the Psychology of Choice (1981)Exploration and Exploitation in Organizational Learning (1991)Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance (2007)Utilities and Quality-Adjusted Life Years (1989)Behavioral Portfolio Theory (2000)Risk Aversion in the Laboratory (2008)Conjoint Analysis in Consumer Research: Issues and Outlook (1978)Risk management in a dynamic society: a modelling problem (1997)Best-worst multi-criteria decision-making method (2014)Cardinal Welfare, Individualistic Ethics, and Interpersonal Comparisons of Utility (1980)Development of prosocial, individualistic, and competitive orientations: Theory and preliminary evidence. (1997)Political Choice in Britain (2004)Toward a positive theory of consumer choice (1980)Non-cooperative games (1989)Multiattribute and Single-Attribute Utility Functions for the Health Utilities Index Mark 3 System (2002)The Adaptive Markets Hypothesis (2004)Multiple criteria decision-making techniques and their applications – a review of the literature from 2000 to 2014 (2015)Advances in prospect theory: Cumulative representation of uncertainty (1992)Inductive Measures of Psychological Climate (1991)Personnel/Human Resources Management: A Political Influence Perspective (1991)Developing Customer Orientation among Service Employees (1992)Citizen Participation in Decision Making: Is It Worth the Effort? (2004)Extended VIKOR method in comparison with outranking methods (2006)Multi-criteria decision analysis in environmental sciences: Ten years of applications and trends (2011)
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References

  • 1979Prospect Theory: An Analysis of Decision under Risk48,459 cited
  • 1988Prospect theory: An analysis of decision under risk32,475 cited
  • 2019Theory of games and economic behavior16,630 cited
  • 1994Decisions with Multiple Objectives: Preferences and Value Tradeoffs.8,369 cited
  • 1953Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine4,117 cited
  • 1946Theory of Games and Economic Behavior3,280 cited
  • 1977Decisions with Multiple Objectives: Preferences and Value Tradeoffs.2,305 cited
  • 1979Decisions with Multiple Objectives: Preferences and Value Trade-Offs1,784 cited
  • 1984Organizational behavior and human performance717 cited
  • 1979Expected Utility Hypotheses and the Allais Paradox590 cited
  • 1979Utility Theory: Axioms Versus ‘Paradoxes’411 cited
  • 1967Methods of Estimating Additive Utilities374 cited
  • 1979The Foundations of a Positive Theory of Choice Involving Risk and a Criticism of the Postulates and Axioms of the American School (1952)372 cited
  • 1979The So-Called Allais Paradox and Rational Decisions under Uncertainty252 cited
  • 1979Towards a Positive Theory of Preferences under Risk

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95 cited
  • 1983Strength of preference and risk attitude in utility measurement73 cited
  • Cited by

    • 2005Making and validating complex decisions with the AHP/ANP179 cited
    • 2000Evaluation and Decision Models A Critical Perspective90 cited
    • 2020Multiple criteria assessment of sustainability programs in the textile industry64 cited
    • 2001Probability Weighting in Choice under Risk: An Empirical Test43 cited
    • 1998The risk-structure dependence effect:Experimenting with an eye to decision-aiding30 cited
    • 1983A Decision Analysis Model When the Substitution Principle is Not Acceptable27 cited
    • 1984The Foundations of the Theory of Utility and Risk Some Central Points of The Discussions at the Oslo Conference25 cited
    • 1994Cardinal Utility: A History of Hedonimetry23 cited
    • 1989New models of decision under uncertainty: An interpretative essay23 cited
    • 1990Expected Utility Hypothesis22 cited
    • 1988A Model of the Influence of Certainty and Probability “Effects” on the Measurement of Utility20 cited
    • 1985Assessment response surface: Investigating utility dependence on probability17 cited
    • 1983Paradoxes and Their Solutions15 cited
    • 1984Decision-Aid and Expected Utility Theory: A Critical Survey10 cited
    • 2017Expected utility theory and experimental utility measurement, 1950–1985. From confidence to scepticism7 cited
    • 1992Expected utility versus anticipated utility: Where do we stand?7 cited