A Criterion for Comparing Strength of Preference with an Application to Bargaining

A criterion called "improving faster than" is proposed and characterized to compare the strength of preference of value functions. The result can be applied in decision models where no risk is involved or, at least, explicitly modeled. A bargaining theory example illustrates the criterion.

Bibliographische Detailangaben
Veröffentlicht in:Operations Research. - Institute for Operations Research and the Management Sciences, 1956. - 40(1992), 5, Seite 1018-1022
1. Verfasser: Peters, Hans (VerfasserIn)
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 1992
Zugriff auf das übergeordnete Werk:Operations Research
Schlagworte:Decision analysis: theory Games/group decisions: bargaining Decision analysis, Bargaining and Negotiation Economics Law Mathematics Behavioral sciences
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520 |a A criterion called "improving faster than" is proposed and characterized to compare the strength of preference of value functions. The result can be applied in decision models where no risk is involved or, at least, explicitly modeled. A bargaining theory example illustrates the criterion. 
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650 4 |a Decision analysis: theory 
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650 4 |a Decision analysis, Bargaining and Negotiation 
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650 4 |a Economics  |x Microeconomics  |x Economic utility  |x Utility functions 
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952 |d 40  |j 1992  |e 5  |h 1018-1022