Sources of Bias in Assessment Procedures for Utility Functions

Utility functions are an important component of normative decision analysis, in that they characterize the nature of people's risk-taking attitudes. In this paper we examine various factors that make it difficult to speak of the utility function for a given person. Similarly we show that it is...

Ausführliche Beschreibung

Bibliographische Detailangaben
Veröffentlicht in:Management Science. - Institute for Operations Research and the Management Sciences, 1954. - 28(1982), 8, Seite 936-954
1. Verfasser: Hershey, John C. (VerfasserIn)
Weitere Verfasser: Kunreuther, Howard C.
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 1982
Zugriff auf das übergeordnete Werk:Management Science
Schlagworte:Utility/Preference-Theory Estimation Information Processing Economics Behavioral sciences Law Health sciences Philosophy